A Firm Starts the Week with Payables of $172,000

question 2

Multiple Choice

A firm starts the week with payables of $172,000.It pays $80,000 of outstanding bills,and purchases $44,000 of raw materials on one month's credit.What is the level of payables at the end of the week?

• A) $136,000.
• B) $208,000.
• C) $96,000.
• D) $216,000.

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