The Following Financial Information Was Summarized from the Accounting Records

question 49

Multiple Choice

The following financial information was summarized from the accounting records of Globe Corporation for the current year ended December 31: $$\begin{array} { l r r r } & \begin{array} { r } \text { Northern } \\\text { Division }\end{array} & \begin{array} { r } \text { Southern } \\\text { Division }\end{array} & \begin{array} { r } \text { Corporate } \\\text { Total }\end{array} \\\text { Cost of goods sold } & \$ 310,000 & \$ 175,000 & \\\text { Direct operating expenses } & 250,000 & 115,000 & \\\text { Net sales } & 600,000 & 410,000 & \\\text { Interest expense } & & & \$ 12,000 \\\text { General overhead } && & 101,000 \\\text { Income tax } & && 26,700\end{array}$$ ? The operating income for the Southern Division is:

• A) $150,000.
• B) $120,000.
• C) $295,000.
• D) $154,400.

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Definitions:

Self-Esteem

An individual’s overall subjective sense of personal worth or value, impacting their confidence and well-being.

American Teenagers

A demographic group in the United States consisting of individuals typically aged 13 through 19 years.

Adolescence

The developmental stage between childhood and adulthood, marked by physical, psychological, and social changes.

Self-Esteem Problems

Issues related to low self-worth or negative self-assessment, often leading to various mental health challenges.