A New fiRm Issued $500 in Common Stock

question 131

Multiple Choice

A new firm issued $500 in common stock. At the end of the first year, the firm had total assets of $1100 and total debt of $400. What was the amount of net income for the first year, assuming the
firm paid no dividends?

• A) -$200 (a loss)
• B) $200
• C) $700
• D) $1200
• E) Cannot be determined from the information provided

Attain awareness of the risks associated with working alone and strategies to mitigate workplace violence.

Grasp the evolving focus of workers' compensation towards the creation of safer workplaces.

Identify the role of technology and information systems in supporting health and safety programs.

Understand the impact of workplace environment and practices on employee safety and health.

---

Definitions:

Intensity of Stimulus

The magnitude or strength of a stimulus, which can influence an organism's response to it.

Synaptic Vesicles

Tiny sacs within a presynaptic neuron that store neurotransmitters, which are chemicals responsible for transmitting signals across neural synapses.

Transmitters

Agents or substances that convey information or signals from one location to another, often used in the context of neural or chemical communication.

All-or-none

A principle that states certain processes, like nerve impulse conduction, occur fully or not at all.