Using the Following Balance Sheet and Income Statement Data, What

question 190

Multiple Choice

Using the following balance sheet and income statement data, what is the total amount of working capital? $\begin{array}{lrlr}\text { Current assets } & \$ 7,000 & \text { Net income } & \$ 15,000 \\\text { Current liabilities } & 4,000 & \text { Stockholders' equity } & 21,000 \\\text { Average assets } & 44,000 & \text { Total liabilities } & 9,000\\\text { Total assets } \quad 30,000\end{array}$ Average common shares outstanding was 10,000.

• A) $7,000
• B) $5,000
• C) $3,000
• D) $2,000

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Definitions:

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, reinforcing certain behaviors and dissuading others.

Psychodynamic Therapy

A therapeutic approach emphasizing unconscious processes and past experiences affecting current behavior.

Cognitive Therapy

A form of psychotherapy that focuses on modifying dysfunctional thoughts and beliefs to improve emotional regulation and develop personal coping strategies.

Behavior Modification

A treatment approach based on the principles of operant conditioning, aiming to change undesirable behaviors through the systematic use of reinforcement or punishment.