Use the Following Information to Solve the Following Questions

question 122

Multiple Choice

Use the following information to solve the following questions:
On January 1, 2020, Abalone Ltd. acquired 30% of Flounder Corp.'s common shares for $ 240,000. During 2020, Flounder reported net income of $ 100,000 and paid total dividends of $ 60,000. Abalone's 30% interest in Flounder gives Abalone the ability to exercise significant influence over their operating and financial policies. During 2021, Flounder reported net income of $ 150,000 and paid total dividends of $ 30,000 on April 1 and $ 40,000 on October 1. On July 1, 2021, Abalone sold half of its shares in Flounder for $ 158,000 cash.
-Before income taxes, what income should Abalone include in its 2020 income statement as a result of this investment?

• A) $ 100,000
• B) $ 60,000
• C) $ 30,000
• D) $ 18,000

Differentiate between hindrance and challenge stressors and their impact on motivation and performance.

Understand the physiological and psychological responses to stress, including the fight-or-flight response.

Analyze the effects of stress on job creativity, self-esteem, and performance.

Recognize the role of personality traits and behavior patterns, such as Type A behavior and negative affectivity, in stress reaction.

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Definitions:

Break-even Point

The point at which total costs and total revenue are equal, resulting in no net loss or gain.

Washburn Guitars

A well-known American manufacturer and importer of guitars, mandolins, and other string instruments with a history dating back to the 19th century.

Batch-custom Instruments

Tools or devices that are customized in small series to meet specific requirements of a customer or market niche.

Market Segments

Refers to subgroups within a general market that share similar characteristics, preferences, and needs, allowing companies to tailor their products and marketing efforts.