The Accounts and Balances Shown Below Were Gathered from Pastel

question 11

Multiple Choice

The accounts and balances shown below were gathered from Pastel Corporation's trial balance on December 31,2014.All adjusting entries have been made.

-See information for Pastel Corporation above.The amount that should be reported as current liabilities on Pastel Corporation's balance sheet is

• A) $73,200.
• B) $91,800.
• C) $87,200.
• D) $238,800.

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Definitions:

Unfair Competition

Practices that are dishonest or deceptive and intended to give one business an unfair advantage over competitors.

Competitive Variation

Differences among competitors in a market that provide alternative options to consumers, including features, pricing, and quality.

Variable-Ratio

A type of reinforcement schedule in which a response is reinforced after an unpredictable number of responses, making it highly effective for maintaining behavior.

Fixed-Ratio

A schedule of reinforcement where a response is reinforced only after a specified number of responses have occurred.