Cost of goods sold during the year was $183,000. During the year, merchandise inventory decreased by $8,000, prepaid expenses increased by $1,000, and accounts payable decreased by $4,000. Based upon this and using the direct method of reporting cash flows from operating activities, cash payments to suppliers total Select one: a. $187,000. b. $179,000. c. $188,000. d. $180,000. e. $186,000.

The correct option is B

Explanation:

In this question, we are asked to calculate the cash payment to suppliers total.

To calculate this, we employ a mathematical approach.

Mathematically;

Cash Payment to supplier

= cost of goods sold - decrease in inventory +decrease in account payable

From the question, we identify;

Cost of goods sold = $183,000

Decrease in inventory =$8,000

Decrease in account payable =$4,000

Plugging these values in the equation, we have;

Cash payment to supplier = 183000 - 8000+4000

= $ 179000

88 because 4 plus 4 equals 8. 40 plus 40 equals 80. 80 plus 8 equals 88

a recipe serves 8 people, and calls for 5 lbs of apples and 2 cups of flour. you want to prepare it for 24 people. divide 24 by 8 to get 3, and then multiply your ingredients by 3.

so for 24 people, you'll need 15 lbs of apples, and 6 cups of flour.