Multiple Choice
John Company reported cost of goods sold of $910,000,an increase in inventory of $100,000,and an increase in accounts payable of $40,000.How much cash was paid to suppliers?
A) $770,000
B) $810,000
C) $970,000
D) $1,050,000
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q94: Land is not depreciated.
Q95: Wyoming Company had the following information
Q96: Michael Company had the following data:<br>
Q97: The inventory method a company uses does
Q98: Beth Company reported sales on account of
Q100: Details about Property,Plant and Equipment,such as the
Q101: Current assets are expected to be converted
Q102: Selected items from the financial statements
Q103: Goodwill remains on a company's books until
Q104: The indirect method of preparing the statement