Einstein Corporation Reported a Decrease in Inventory of $13,000

question 38

Multiple Choice

Einstein Corporation reported a decrease in inventory of $13,000.The cost of goods sold for the year was $180,000.There was also a $4000 decrease in accounts payable from the beginning of the year to the end of the year.What is Einstein's cash payment to suppliers for inventory?

• A)$163,000
• B)$171,000
• C)$189,000
• D)$197,000

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Definitions:

Stereotype

A generalized belief about a particular category of people, often oversimplifying their characteristics.

Emotional Experience

The internal and subjective experience of emotions, encompassing the awareness, understanding, and interpretation of one's own feelings.

Gender Differences

Variabilities in behaviors, attitudes, and opportunities between males and females, attributed to biological, social, and cultural factors.

Daily Emotional Experience

The range of feelings an individual encounters on a day-to-day basis.