Sigma Company develops and markets organic food products to natural foods retailers.The following information is available for the company for the year 20X8:

-Based on the preceding information,what amount will be reported by the company as cash payments to suppliers for 20X8?
A)$292,000
B)$305,000
C)$262,000
D)$258,000

Question

Sigma Company develops and markets organic food products to natural foods retailers.The following information is available for the company for the year 20X8:
 
-Based on the preceding information,what amount will be reported by the company as cash payments to suppliers for 20X8?
A)$292,000 
B)$305,000 
C)$262,000 
D)$258,000

Quizplus · Accepted Answer

The correct amount is $292,000, which is calculated based on the company's reported expenses and any changes in accounts payable or inventory that affect cash payments to suppliers.

Sigma Company Develops and Markets Organic Food Products to Natural