What is the amount of the cash paid to suppliers

Assignment Help Accounting Basics
Reference no: EM131761611

Question - If a company's Cost of goods sold is $160,200 for the period, beginning and ending Inventory balances are $19,100 and $14,100, respectively, and the beginning and ending Accounts Payable balances are $24,500 and $8,600, respectively, what is the amount of the cash paid to suppliers?

A. $154,800

B. $165,700

C. $171,100

D. $149,300

Reference no: EM131761611

Questions Cloud

Calculate borat bonuses and income taxes for current year : Borat Company gives annual bonuses after the end of the year. Calculate Borat's bonuses and income taxes for the current year
Mean amount of coffee to be dispensed : What amount should you set as the mean amount of coffee to be dispensed?
Identify the ending balance amount on accounts receivable : Rafi M estimates uncollectibles to be 10% of accounts reveivable. Identify the ending balance amount on the accounts receivable and the allowance.
What feasible strategies would you recommend : What feasible strategies would you recommend? What are the pros and cons? State what should be done - why, how, and by whom? Be specific.
What is the amount of the cash paid to suppliers : If a company's Cost of goods sold is $160,200 for the period, what is the amount of the cash paid to suppliers
What are the one-sided p-values for these two entries : The one-sample t statistic for testing the hypotheses below from a sample of n = 22 observations has the value t = 1.79.
Compute the absorption costing unit product cost : Ragins Corporation produces a single product and has the following cost structure.
Srs of sixteen observations from a normal population : You are testing H0: µ = 95 against Ha: µ
Should the company should make or buy the lever : Starwood Aviation produces an executive jet for which it currently manufactures an airflow lever. Should the company should make or buy the lever? Why

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd