Squeeze Company Reports the Following If Cost of Goods Sold for the Year Is $220000

question 172

Multiple Choice

Squeeze Company reports the following: $$\begin{array} { l c c } & \text { End of Year } & \text { Beginning of Year } \\\text { Inventory } & \$ 25,000 & \$ 42,000 \\\text { Accounts Payable } & 22,000 & 12,000\end{array}$$ If cost of goods sold for the year is $220000 the amount of cash paid to suppliers is

• A) $227000.
• B) $205000.
• C) $193000.
• D) $247000.

---

Definitions:

Adults Worldwide

Individuals across the globe who are recognized as being of age, typically 18 years or older, depending on the specific legal definitions of adulthood in different countries.

Color Spectrum

The range of all possible light frequencies, visible to the human eye as different colors, from violet through to red.

Muscular Movements

The actions resulting from the contraction and relaxation of muscles which enable physical motion in organisms.

Linguistic Divergence

The development of different languages from a single ancestral language.