Seachest Company reports the following: If cost of goods sold for the year is $190,000, the amount of cash paid to suppliers using the direct method is
A) $195,000.
B) $185,000.
C) $155,000.
D) $230,000.

Question

Seachest Company reports the following:  If cost of goods sold for the year is $190,000, the amount of cash paid to suppliers using the direct method is
A) $195,000. 
B) $185,000. 
C) $155,000. 
D) $230,000.

Quizplus · Accepted Answer

The Answer of Seachest Company reports the following:  If cost of goods sold for the year is $190,000, the amount of cash paid to suppliers using the direct method is
A) $195,000. 
B) $185,000. 
C) $155,000. 
D) $230,000.

Seachest Company Reports the Following: If Cost of Goods