During the Year, Kawartha Corp

question 102

Multiple Choice

During the year, Kawartha Corp.reported an increase in Inventory of $40,000.Cost of Goods Sold for the year was $125,000, and there was an $6,000 decrease in Accounts Payable.What were the cash payments to suppliers during the year?

• A)$79,000
• B)$91,000
• C)$159,000
• D)$171,000

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Definitions:

Nitrogen Cycle

The worldwide circulation of nitrogen from the abiotic environment into living things and back into the abiotic environment.

Carbon Cycle

The worldwide circulation of carbon from the abiotic environment into living things and back into the abiotic environment.

Photosynthetic Organisms

Organisms capable of photosynthesis, a process that converts light energy into chemical energy, typically involving the production of oxygen from carbon dioxide.

Carbon Dioxide

Created both by the burning of organic matter and the act of respiration, this gas, which neither has color nor a detectable odor, is essential for plant photosynthesis.