Financial Information Is Presented Below The Amount of Net Sales on the Income Statement Would

question 121

Multiple Choice

Financial information is presented below: $$\begin{array} { l r } \text { Operating expenses } & \$ 42,000 \\\text { Sales returns and allowances } & 12,000 \\\text { Sales discounts } & 3,000 \\\text { Sales revenue } & 165,000 \\\text { Cost of goods sold } & 96,000\end{array}$$ The amount of net sales on the income statement would be

• A)$153,000.
• B)$150,000.
• C)$165,000.
• D)$162,000.

---

Definitions:

Psychodynamic

Pertains to a psychological approach that emphasizes unconscious psychological processes (for example, wishes and fears of which we're not fully aware), and contends that childhood experiences are crucial in shaping adult personality.

Social Cognitive

Pertaining to the understanding and application of how thoughts, beliefs, and cognitive processes influence social behavior and learning.

Humanistic

A psychological approach that emphasizes personal worth and the uniqueness of individuals, focusing on self-actualization and personal growth.

Parenting Style

The characterization of different approaches to raising children, including authoritative, authoritarian, permissive, and uninvolved styles.