Dallas Corp How Much Cash Was Received for Interest During 2018?

question 138

Multiple Choice

Dallas Corp.reported the following information for 2017 and 2018: $\begin{array}{lr}\text { Interest receivable, December } 31,2017 & \$ 1,100 \\\text { Interest receivable, December } 31,2018 & 1,400 \\\text { Interest income-2018 } & 3,200\end{array}$ How much cash was received for interest during 2018?

• A)$2,900
• B)$3,200
• C)$3,500
• D)$3,800

---

Definitions:

Hawthorne Study

A series of experiments conducted in the 1920s and 1930s that examined how different work conditions affected employee productivity, highlighting the importance of social factors and employee attention.

Motivated

The state of being driven and encouraged to act or engage in certain activities based on either intrinsic or extrinsic factors.

Social Needs

Fundamental requirements that encourage individuals to form connections and interact with others.

Employee Performance

The record of outcomes achieved and tasks completed by an employee in their job role.