Moore Industries Moore Industries Began Operations on January 2, 2017, with an with an Investment

question 160

Multiple Choice

Moore Industries
Moore Industries began operations on January 2, 2017, with an investment of $50,000 by each of its two stockholders. Net income for its first year of business was $240,000. Moore Industries paid a total of $100,000 in dividends to its stockholders during the year.



-Read the information about Moore Industries.If the company's revenues were $500,000 for the year ended December 31,2017,how much were total expenses?

• A)$160,000
• B)$260,000
• C)$640,000
• D)$740,000

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Definitions:

Incidence Rate

The measure of the frequency with which new cases of illness or other health phenomena occur in a population over a specified period of time.

Gynecological Cancer

A type of cancer that originates in the female reproductive organs, such as the cervix, ovaries, or endometrium.

Vulvar Cancer

A type of cancer that occurs on the outer surface area of the female genitalia.

Vaginal Discharge

Fluids secreted from the vagina which can vary in color and consistency, playing a role in cleaning and protecting the vaginal tissue.