Use the Following Information for Questions

question 33

Multiple Choice

Use the following information for questions
Harbour Co. has $200,000 of no par value 4% cumulative preferred shares, and 12,000 shares of no par value common shares outstanding. In its first three years of operation, the company paid cash dividends as follows: Year 1: $8,000; Year 2: $18,000; and Year 3: $24,000.
-The amount of dividends received by the preferred shareholders in year 2 was:

• A)$8,000
• B)$9,000
• C)$12,000
• D)$18,000

Understand observational learning and its implications on behavior.

Acknowledge the role and effect of media and video games on behavior and learning.

Distinguish between primary and secondary reinforcers.

Describe mechanisms of learning recovery phenomena, such as extinction, spontaneous recovery, and conditioning theories.

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Definitions:

Acquisition Cost

The total cost incurred to acquire an asset, including the purchase price and all related expenses.

Indirect Method

A way of reporting net cash flows from operating activities in a cash flow statement by starting with net income and adjusting it for changes in balance sheet items.

Operating Activities

Business activities related to the core functions of a company including production, sales, and delivery of the company’s products and services.

Gain

A financial gain occurs when the selling price of an asset exceeds its purchase price, resulting in a positive difference.