For the Year 2013, Foxmore Company Reports the Following Items

question 5

Multiple Choice

For the year 2013, Foxmore Company reports the following items as part of their financial results:
$\begin{array}{|l|r|}\hline\text { Sales revenues from regular business operations } & \$ 3,000,000 \\\hline \text { Cost of goods sold } & 900,000 \\\hline \text { Operating expenses from their regular business operations } & 600,000 \\\hline \text { Gain on disposal of several items of property, plant \& equipment } & 15,000 \\\hline \text { Income tax expense on continuing operations } & 330,000 \\\hline \text { Loss on the termination of a discontinued business segment, net of } \\\text { Lax }&120,000\\\hline\text { Losses on damage caused by earthquake, net of tax }&280,000\\\hline\end{array}$
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How much is total operating income (loss) ?

• A) $1,065,000
• B) $1,500,000
• C) $1,515,000
• D) $1,185,500

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Definitions:

Psychological Disorder

A disorder characterized by patterns of thought, feeling, or behavior that are deviant, distressing, and dysfunctional, impacting daily life and functioning.

Negative Thoughts

Automatic, self-critical ideas that can contribute to feelings of anxiety, depression, and decreased motivation.

Cognitive-Behavioral

Relating to a psychological treatment approach that addresses maladaptive thinking patterns to change behavior and emotional state.

Psychodynamic

A theoretical perspective in psychology that emphasizes the role of the unconscious mind, inner forces, and childhood experiences in shaping behavior and personality.