A Company Recorded Net Purchases of $20

question 150

Multiple Choice

A company recorded net purchases of $20.3 billion for 20B. In 20A, ending trade payables was $1.2 billion and in 20B, it was $1.6 billion. How much cash was paid to suppliers in 20B?

• A) $19.9 billion
• B) $18.7 billion
• C) $21.9 billion
• D) $20.7 billion

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Definitions:

Ball-and-Socket Joint

A highly mobile joint in which a spherical end of one bone fits into a round socket of another, allowing for movement in multiple directions.

Glenohumeral

Referring to the glenohumeral joint, the ball and socket joint where the arm (humerus bone) connects to the shoulder blade (scapula).

Atlanto-axial

Pertaining to the joint formed between the atlas (first cervical vertebra) and the axis (second cervical vertebra) which enables head rotation.

Acetabular Labrum

A ring of cartilage surrounding the socket of the hip joint that helps to improve the stability of the joint.