Which of the Following Statements Concerning Net Income Is Most

question 57

Multiple Choice

Which of the following statements concerning net income is most correct?

• A) Net income represents cash available to pay dividends.
• B) Net income represents sales minus operating expenses at a specific point in time.
• C) Negative net income reduces a company's cash balance.
• D) Net income represents income that may be reinvested in the firm or distributed to its owners.

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Definitions:

Environmental Danger

Any threat or harmful event that arises from the surrounding environment, potentially causing damage or harm to organisms.

Bolles

Robert C. Bolles was a psychologist known for his work on learning, avoidance behavior, and the theory of species-specific defense reactions (SSDRs).

Behavior Systems Approach

An approach in psychology that studies behavior as part of a functional system, including its adaptive purposes and evolutionary history.

Instinctive Behavior System

Innate, fixed patterns of behavior in animals that are typically automatic in response to specific stimuli.