Solved: If a companys cost of goods sold is 160200 for the period, Accounting Basics

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If a companys cost of goods sold is 160200 for the period

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

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Accounting Basics: If a companys cost of goods sold is 160200 for the period

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