Westside, Inc

question 100

Multiple Choice

Westside, Inc. reported Cost of Goods Sold for the current year of $320,000. During the same period, the Inventory account decreased $15,000 and the Accounts Payable account increased $25,000. The amount of cash paid to suppliers is:

• A) $360,000.
• B) $330,000.
• C) $310,000.
• D) $280,000.

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Definitions:

Rings

Cyclic molecules in chemistry that consist of a series of connected atoms forming a closed loop.

Hydrogenating

The process of adding hydrogen to a molecule, usually in the presence of a catalyst, to reduce double or triple bonds to single bonds.

Monocyclic Saturated Compound

An organic chemical compound featuring a single cyclic structure without double or triple bonds, indicating all carbons are saturated with hydrogen.

Molecular Formulas

A notation that shows the type and number of atoms in a molecule but not the bonds or arrangement, such as C2H5OH for ethanol.