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In 2017,Nutrient Company Reported Sales of $725,000 and Cost of Goods

Question 66

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In 2017,Nutrient Company reported sales of $725,000 and cost of goods sold of $480,000.During 2017,Nutrient's Inventory account increased $25,000 and its Accounts Payable account (which relates solely to the purchase of merchandise) decreased $18,000.Nutrient Company's payments to suppliers for inventory during 2017 were:


A) $437,000
B) $523,000
C) $487,000
D) $473,000

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