Use This Information for Kellman Company to Answer the Questions $\text { Kellman Company }$

question 152

Multiple Choice

Use this information for Kellman Company to answer the questions that follow.
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The balance sheets at the end of each of the first two years of operations indicate the following:
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$\text { Kellman Company }$
$\begin{array}{lrr}&\text { Year } 2&\text { Year } 1\\\text { Total current assets } & \$ 600,000 & \$ 560,000 \\\text { Total investments } & 60,000 & 40,000 \\\text { Total property, plant, and equipment } & 900,000 & 700,000 \\\text { Total current liabilities } & 125,000 & 65,000 \\\text { Total long-term liabilities } & 350,000 & 250,000 \\\text { Preferred } 9 \% \text { stock, } \$ 100 \text { par } & 100,000 & 100,000 \\\text { Common stock, } \$ 10 \text { par } & 600,000 & 600,000 \\\text { Paid-in capital in excess of par-Common stock } & 75,000 & 75,000 \\\text { Retained earnings } & 310,000 & 210,000\end{array}$
-Using the balance sheets for Kellman Company, if net income is $150,000 and interest expense is $20,000 for Year 2, what is the return on total assets for the year?

• A) 10.4%
• B) 11.9%
• C) 10.5%
• D) 8.4%

Analyze Allport's critical perspectives on Freud's theories.

Understand Allport's concept of functional autonomy and its impact on personality.

Understand Allport's concept of functional autonomy and its implications on human motivation.

Identify and differentiate between the principles of propriate functional autonomy as outlined by Allport.

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Definitions:

Olfactory Cortex

A brain region involved in the processing and perception of odors, part of the olfactory system.

Tonic Nature

Describes a characteristic of substances or medications that have a strengthening or invigorating effect on the body or bodily systems.

Phasic Nature

Refers to something that occurs in distinct phases or stages, often used in context with physiological or behavioral patterns.

Stereocilia

Hairlike projections on the surface of certain cells, such as those in the inner ear, that respond to fluid motion for sensory functions including hearing and balance.