The following information is from ABC, Inc.'s December 31, 2011 annual report:

Income statement Balance sheet
12/31/10 12/31/11
Cost of goods sold $100,000
Inventory $8,000 $10,000
Accounts payable $7,000 $5,000

Cash paid to vendors on ABC, Inc.'s statement of cash flows equals ________.
A) $100,000
B) $110,000
C) $104,000
D) $96,000

C

Business

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Tobacco companies in Central Europe face the prospect of tougher marketing and advertisement regulations due to:

A) the growing concern about health hazards associated with smoking. B) a dislike of global brands crowding out local brands. C) a desire to return to communist-era policies. D) a desire to comply with EU entry requirements. E) the pressure from neighboring countries.

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Which of the following energy management strategies is most likely to have a negative impact on a retailer's atmosphere?

a. centrally managing lighting levels by each department by time of day to better reflect outside lighting conditions b. replacing an older central air-conditioning system with a new efficient unit that requires 150 tons less capacity c. installing high efficiency fluorescent bulbs in place of incandescent light bulbs d. raising the temperature thermostat from 72 degrees in the summer to 74 degrees

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