Answer the Following Questions Using the Information Below -What Is Operating Income for 2015?
A) $116,000
B) $137,000

question 3

Multiple Choice

Answer the following questions using the information below:
$\begin{array}{lr}\text { Beginning finished goods, } 1 / 1 / 2015 & \$ 46,000 \\\text { Ending finished goods, } 12 / 31 / 2015 & 38,000 \\\text { Cost of goods sold } & 250,000 \\\text { Sales revenue } & 488,000 \\\text { Operating expenses } & 112,000\end{array}$
-What is operating income for 2015?

• A) $116,000
• B) $137,000
• C) $126,000
• D) $144,000

---

Definitions:

Predictability

The extent to which future events are predictable based on present or past information.

Conservation

In psychology, the concept that a child recognizes that quantity does not change with physical rearrangement; in environmental science, the protection of natural resources.

Public Commitments

Decisions or promises made in a public setting, which are more likely to be upheld due to the added pressure of social accountability.

Prompts

Cues that convey a message and remind people to do something.