Heedy Company Had the Following Account Balances in 2015 and 2016,respectively.Assuming

question 43

Multiple Choice

Heedy Company had the following account balances in 2015 and 2016,respectively.Assuming dividends of $20,000 were paid in 2016,how much was net income?

• A)$62,000
• B)$82,000
• C)$272,000
• D)$252,000

---

Definitions:

Sibling

A person’s brother or sister; individuals having one or both parents in common.

Expectations

The belief or anticipation about the way events, behaviors, or things are supposed to unfold.

Later-born Children

Children who are not the firstborn in their families, which can sometimes influence their personality and behavior due to their birth order.

First-born Child

Refers to a person's first biological or adopted child, who may experience unique developmental influences and family dynamics.