Below Is Accounting Information for Cascade Company for 2013 What Was Net Income for the Year?
A) $320,000
B)

question 58

Multiple Choice

Below is accounting information for Cascade Company for 2013: $\begin{array}{|l|r|}\hline \text { Revenue } & \$ 416,000 \\\hline \text { Cash } & \$ 120,000 \\\hline \text { Common stock } & \$ 200,000 \\\hline \text { Expenses } & \$ 300,000 \\\hline \text { Equipment } & \$ 240,000 \\\hline \text { Accounts receivable } & \$ 35,000 \\\hline \text { Notes payable } & \$ 50,000 \\\hline \text { Notes receivable } & \$ 62,000 \\\hline\end{array}$ What was net income for the year?

• A) $320,000
• B) $296,000
• C) $100,000
• D) $457,000
• E) $116,000

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Definitions:

Behavioral Therapies

A category of psychotherapeutic treatment that takes a practical approach to solving problems and aims to change maladaptive behaviors through behavior modification techniques.

Therapeutic Experiencing

Engaging clients in activities or exercises during therapy to provoke emotional, cognitive, or behavioral insights and changes.

Experiential Therapies

Therapeutic techniques that focus on creating experiences in therapy that can lead to emotional and cognitive insights and changes for the patient.

Phobic Behaviors

Actions or responses driven by an irrational fear of specific objects, scenarios, or situations, leading to avoidance or distress.