Sigma Company develops and markets organic food products to natural foods retailers.The following information is available for the company for the year 2008:

-Based on the preceding information,what amount will be reported by the company as cash payments to suppliers for 2008?
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 2008:
 
-Based on the preceding information,what amount will be reported by the company as cash payments to suppliers for 2008?
A)$292,000 
B)$305,000 
C)$262,000 
D)$258,000

Quizplus · Accepted Answer

The correct amount is $292,000, which is the total cash payments made to suppliers for the year 2008.

Sigma Company Develops and Markets Organic Food Products to Natural