menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Study Set 13
  4. Exam
    Exam 8: Reporting and Interpreting Property, plant, and Equipment; Intangibles; and Natural Resources
  5. Question
    A Company Recorded Net Purchases of $20
Solved

A Company Recorded Net Purchases of $20

Question 74

Question 74

Multiple Choice

A company recorded net purchases of $20.3 billion for 20B.In 20A,ending tradepayables was $1.2 billion and in 20B,it was $1.6 billion.How much cash was paid to suppliers in 20B?


A) $18.7 billion
B) $19.9 billion
C) $20.7 billion
D) $21.9 billion

Correct Answer:

verifed

Verified

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

Related Questions

Q64: House Depot Company hired a new store

Q69: When goods are sold on credit,revenue usually

Q70: Taste Best Company uses the periodic inventory

Q71: In 20B,Landings,Inc.provided the following items in their

Q72: A company that increases inventory by $.5

Q73: Which of the following is true?<br>A)Factory overhead

Q75: A company cannot use an inventory costing

Q76: For each independent situation given below,determine the

Q78: The following information was taken from the

Q79: The 20B records of Tom Company showed

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines