Solved

Ale Company Reports a $16000 Increase in Inventory and a $8000

Question 199

Multiple Choice

Ale Company reports a $16000 increase in inventory and a $8000 increase in accounts payable during the year. Cost of Goods Sold for the year was $150000. The cash payments made to suppliers were


A) $150000.
B) $158000.
C) $126000.
D) $174000.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions