On March 1, 2018, $60,000 of Annual Magazine Subscriptions Were

question 91

Multiple Choice

On March 1, 2018, $60,000 of annual magazine subscriptions were sold by Traveler's Monthly Magazines. The subscribed magazines are delivered on the first day of each month beginning on March 1, 2018. The total cost of the subscribed magazines is $30,000 or $2,500 per month. How much profit will the company recognize during 2018?

• A)$60,000
• B)$33,000
• C)$25,000
• D)$5,000

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Definitions:

Preconscious

In Freud’s topographic model, the part of personality that contains thoughts that can be brought into awareness with little difficulty.

Ego

In psychoanalytic theory, the part of the personality that mediates between the desires of the id, the norms of the superego, and the realities of the external world.

Topographic Model

A framework in Freudian psychoanalysis that divides the mind into the conscious, preconscious, and unconscious levels of awareness.

Preconscious

The part of the mind containing information that is not currently in conscious awareness but can be easily brought to consciousness.