An analyst gathered the following information from a company’s 2010 financial statements (in $ millions):
| Year Ended 31 December Don't use plagiarized sources. Get Your Custom Essay on an analyst gathered the following information from a company rsquo s 2010 financial 609695 Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT! Just from $10/Page | 2009 | 2010 |
| Net sales | 245.8 | 254.6 |
| Cost of goods sold | 168.3 | 175.9 |
| Accounts receivable | 73.2 | 68.3 |
| Inventory | 39.0 | 47.8 |
| Accounts payable | 20.3 | 22.9 |
Based only on the information given here, the company’s 2010 statement of cash flows in the direct format would include amounts (in $ millions) for cash received from customers and cash paid to suppliers, respectively, that are closest to:
| Cash Received from Customers | Cash Paid to Suppliers | |
| A. | 249.7 | 169.7 |
| B. | 259.5 | 174.5 |
| C. | 259.5 | 182.1 |
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