Penn Company Reported the Following Information for 2007 For 2007, Penn Would Report Other Comprehensive Income of
A)$137,000

question 75

Multiple Choice

Penn Company reported the following information for 2007: $$\begin{array} { l r } \text { Sales revenue } & \$ 510,000 \\\text { Cost of goods sold } & 350,000 \\\text { Operating expenses } & 55,000 \\\text { Unrealized holding gain on available-for-sale securities } & 40,000 \\\text { Cash dividends received on the securities } & 2,000\end{array}$$ For 2007, Penn would report other comprehensive income of

• A)$137,000.
• B)$135,000.
• C)$42,000.
• D)$40,000.

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Definitions:

Genetics

The study of genes, genetic variation, and heredity in living organisms.

Epigenetic Study

An area of biology focusing on the mechanisms that cause changes in the expression of genes without altering the DNA sequence itself.

Socially Anxious

Experiencing fear, nervousness, or discomfort in social situations due to concerns about being judged, embarrassed, or scrutinized by others.

Agreeableness

A personality trait that describes a person's tendency to be compassionate, cooperative, warm, and caring to others.