Use the Following Information for Questions

question 6

Multiple Choice

Use the following information for questions
Carla's Computer Repair Shop started the year with total assets of $360,000 and total liabilities of $240,000.During the year, the business recorded $600,000 in computer repair revenues, $340,000 in expenses, and the company paid dividends of $60,000.
-The net income reported by Carla's Computer Repair Shop for the year was

• A)$200,000.
• B)$260,000.
• C)$120,000.
• D)$540,000.

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Definitions:

Cognitive Function

Refers to various mental abilities including learning, thinking, reasoning, remembering, problem solving, decision making, and attention.

Cognitive Function

The mental processes involved in gaining knowledge and comprehension, including thinking, knowing, remembering, judging, and problem-solving.

Intensive Care Unit

A specialized department in a hospital that provides intensive treatment medicine for people who are critically ill or injured.

Medical-Surgical Unit

A hospital floor or ward specialized in the treatment of patients who require medical care, surgery, or both.