Solved

Inventory Decreased by $100,000 and Wages Payable Decreased by $50,000

Question 34

Multiple Choice

Inventory decreased by $100,000 and wages payable decreased by $50,000.What will be the net result in terms of cash flow?


A) Cash increased by $50,000.
B) Cash decreased by $50,000.
C) Cash increased by $150,000.
D) Cash decreased by $150,000.

Correct Answer:

verifed

Verified

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

Related Questions