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

question 34

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

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Definitions:

Multinational Firms

Companies that operate in multiple countries, managing production or delivering services in more than one country globally.

Gender Differences

The distinctions in characteristics, behaviors, physical and psychological traits, roles, and status attributed to males and females by society and culture.

Communication Styles

The characteristic ways that individuals prefer to exchange information and converse with others.

Meeting Success

The achievement of predetermined objectives and goals during a meeting, leading to productive outcomes.