Solution-Cash paid to suppliers for year ended december is

Cash paid to suppliers for year ended december is

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Reference no: EM131796949

Hupta Corporation reports cost of goods sold for the year ended December 31, 2000, of $6,500. Other information as of December 31 is as follows:

---1999---
Accounts Receivable: $500
Inventory: $400
Accounts Payable: $250

---2000---
Accounts Receivable: $550
Inventory: $380
Accounts Payable: $290

Cash paid to suppliers for year ended December 31, 2000, is:

A) $6,480
B) $6,440
C) $5,520
D) $6,560

Reference no: EM131796949

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Cash paid to suppliers for year ended december is

Reference no: EM131796949

Reference no: EM131796949

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