During 2014,Bascom Bakery Paid Out $33,525 of Common Dividends

question 86

Multiple Choice

During 2014,Bascom Bakery paid out $33,525 of common dividends.It ended the year with $197,500 of retained earnings versus the prior year's retained earnings of $159,600.How much net income did the firm earn during the year?

• A)$71,425
• B)$74,996
• C)$78,746
• D)$82,683
• E)$86,818

---

Definitions:

Counterconditioning

A behavior therapy technique where an undesirable response to a stimulus is replaced with a more desirable response.

Fear of Heights

An anxiety disorder characterized by an extreme and irrational fear of high places, also known as acrophobia.

Primary Reinforcers

A type of reinforcement that is innately satisfying and does not require any learning to become pleasurable, such as food and water.

Secondary Reinforcers

Stimuli which become rewarding through their association with primary reinforcers.