Newton Corporation Reported an Increase in Inventory of $85,000

question 109

Multiple Choice

Newton Corporation reported an increase in inventory of $85,000.The cost of goods sold for the year was $170,000.There was also a $4000 decrease in accounts payable from the beginning of the year to the end of the year.What is Newton's cash payment to suppliers for inventory?

• A)$174,000
• B)$251,000
• C)$255,000
• D)$259,000

Understanding how customer segmentation affects CRM strategy.

Recognizing the importance of order cycle variability and safety stock in inventory management.

Grasping the broad concept of customer service in logistics and marketing.

Understanding the application and impact of Activity-Based Costing (ABC) in customer service management.

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Definitions:

Ductus Arteriosus

A fetal blood vessel that connects the pulmonary artery to the aortic arch, allowing blood to bypass the lungs in utero.

Lactation

The process of producing and secreting milk from the mammary glands of mammals following childbirth, providing essential nutrients to the newborn.

Estrogen

A group of steroid hormones responsible for the development and regulation of the female reproductive system and secondary sex characteristics.

Progesterone

Steroid hormone secreted by the corpus luteum and one of the hormones secreted by the placenta.