The Following Information Was Provided from the Records of Nimble

question 81

Multiple Choice

The following information was provided from the records of Nimble Limited, which began operations in the current year: What was the company's pre-tax income for the year?

• A)$116,000
• B)$121,000
• C)$138,000
• D)$169,000

---

Definitions:

1970

Denotes the year notable for various significant global and national events, including the continuation of the Vietnam War and the Environmental movement leading to the first Earth Day.

2000

The year notable for marking the beginning of a new millennium and the controversial U.S. presidential election between George W. Bush and Al Gore.

In Loco Parentis

A legal doctrine meaning "in the place of a parent," referring to the authority of an institution or individual to take on some of the functions and responsibilities of a parent.