Bent Company Reports a $20,000 Increase in Inventory and a $5,000

question 29

Multiple Choice

Bent Company reports a $20,000 increase in inventory and a $5,000 decrease in accounts payable during the year. Cost of Goods Sold for the year was $190,000. Using the direct method of reporting cash flows from operating activities, cash payments made to suppliers were

• A) $190,000.
• B) $205,000.
• C) $215,000.
• D) $175,000.

---

Definitions:

Latent Content

In psychoanalysis, the underlying meaning or symbolic content of a dream, as opposed to its literal storyline.

Dreaming

A series of thoughts, images, and sensations occurring in a person's mind during sleep, often studied in psychology to understand subconscious desires and processes.

Sigmund Freud

An Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Cigar

A tightly-rolled bundle of dried and fermented tobacco that is smoked.