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Lake Company reports: End of Year Beginning of Year Inventory $25,200 $42,600 Accounts Payable 22,300 12,100 If cost of goods sold for the year is
Lake Company reports:
End of Year | Beginning of Year | |
Inventory | $25,200 | $42,600 |
Accounts Payable | 22,300 | 12,100 |
If cost of goods sold for the year is $220000, the amount of cash paid to suppliers is
$192400.
$247600.
$205000.
$227200.
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