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Home Q & A Board Other Fields Homework Help Business Accounting
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Tomm Tomm
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6 years ago
In 2013, Nutrient Company reported sales of $725,000 and cost of goods sold of $480,000. During 2013, Nutrient's Inventory account increased $25,000 and its Accounts Payable account (which relates solely to the purchase of merchandise) decreased $18,000. Nutrient Company's payments to suppliers for inventory during 2013 were:
A) $437,000
B) $523,000
C) $487,000
D) $473,000
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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ACC 925
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AlexmosutheAlexmosuthe
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6 years ago
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Tomm Author
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6 years ago
Good timing, thanks!
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Thanks
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