In 2013, Nutrient Company Reported Sales of $725,000 and Cost

question 11

Multiple Choice

In 2013, Nutrient Company reported sales of $725,000 and cost of goods sold of $480,000. During 2013, Nutrient's Inventory account increased $25,000 and its Accounts Payable account (which relates solely to the purchase of merchandise) decreased $18,000. Nutrient Company's payments to suppliers for inventory during 2013 were:

• A) $437,000
• B) $523,000
• C) $487,000
• D) $473,000

---

Definitions:

Pharmacotherapy

The treatment of diseases and disorders with medications, utilizing the pharmacological properties of drugs to achieve therapeutic effects.

Adequate Nutrition

Intake of the necessary nutrients that are essential for growth, repair, and maintenance of a healthy body.

Chronic Otitis Media

A long-standing or recurrent inflammation of the middle ear, typically associated with fluid accumulation and frequently causes hearing impairment.

Effusion

The escape of fluid into a part of the body or into a body cavity, leading to swelling and pressure, often resulting from inflammation or injury.