Multiple Choice
Einstein Corporation reported a decrease in inventory of $13,000.The cost of goods sold for the year was $180,000.There was also a $4000 decrease in accounts payable from the beginning of the year to the end of the year.What is Einstein's cash payment to suppliers for inventory?
A) $163,000
B) $171,000
C) $189,000
D) $197,000
Correct Answer:
Verified
Correct Answer:
Verified
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