Fertilizer Incorporated Reports an Increase in Accounts Payable of $9,200

question 101

Multiple Choice

Fertilizer Incorporated reports an increase in Accounts Payable of $9,200 and an increase in inventory of $45,000 for the current year. Accounts Payable relates solely to the purchase of merchandise. Sales on account were $532,100 and cost of goods sold was $358,000. The payments to suppliers for inventory during the period were:

• A) $412,200
• B) $322,200
• C) $303,800
• D) $393,800

---

Definitions:

Kohlberg's Stage Theory

A theory of moral development proposed by Lawrence Kohlberg, suggesting that moral reasoning develops through a series of stages, from pre-conventional to conventional to post-conventional levels.

Moral Reasoning

The process of determining what is right and wrong in a given situation, often influenced by cultural, personal, and societal norms.

Conceptually Problematic

Refers to ideas or theories that are difficult to understand, define, or apply due to vague or abstract premises.

Arnett

Refers to Jeffrey Jensen Arnett, a psychologist known for his work on emerging adulthood and development.