Safe Investment Company (SIC)began Operations on January 1, 2012

question 95

Multiple Choice

Safe Investment Company (SIC) began operations on January 1, 2012. It acquired the following investments: SIC earned interest of $12,000 during 2012. Dividends of $16,000 were declared on the shares it owned during 2012. Of that amount, $9,000 was received in December 2012 and $7,000 was received in January 2013 (note that the ex-dividend date for these shares was prior to the end of the year) . At what value would SIC's bonds (which were purchased at par) be recorded at in the balance sheet on December 31, 2012?

• A)$183,000
• B)$195,000
• C)$198,000
• D)$207,000

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Definitions:

Implicit Memory

A form of memory where past encounters assist in accomplishing a task without the individual being consciously aware of these prior encounters.

Autobiographical Memories

Personal memories of individuals that encompass events, experiences, and emotions across one's lifespan.

Brain Regions

Specific areas of the brain specialized for distinct functions, such as the frontal lobes or hippocampus.

Dopamine-Producing Cells

Neurons that synthesize and release dopamine, a neurotransmitter involved in reward, motivation, memory, attention, and even regulating body movements.