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The Following Information Was Provided by the Records of RST

Question 138

Multiple Choice

The following information was provided by the records of RST for the annual reporting period ended December 31, 2011:  Cost of goods sold as reported on the income statement)  $170 Depreciation expense $10 Merchandise inventory increase $2 Goodwill amortized $4 Accounts payable decrease $18\begin{array} { | l | l | } \hline \text { Cost of goods sold as reported on the income statement) } & \$ 170 \\\hline \text { Depreciation expense } & \$ 10 \\\hline \text { Merchandise inventory increase } & \$ 2 \\\hline \text { Goodwill amortized } & \$ 4 \\\hline \text { Accounts payable decrease } & \$ 18 \\\hline\end{array} The cash paid to suppliers was:


A) $172.
B) $188.
C) $190.
D) $200.

Correct Answer:

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