Following Are the Total Assets and Liabilities at the Beginning

question 143

Essay

Following are the total assets and liabilities at the beginning and end of the year for Maren Corporation:
$$\begin{array} { | l | r | r | } \hline &{ \text { Assets } } & \text { Liabilities } \\\hline \text { Begingine of the year } & \$ 70,000 & 45,000 \\\hline \text { End of the year } & 130,000 & 40,000 \\\hline\end{array}$$ Determine the net income or loss for the year in each of the following situations:
a. The stockholders made no investments in the business and no dividends were paid during the year.
b. The stockholders made an investment of $20,000 and a dividend of $12,000 was paid during the year.

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Definitions:

Successive Approximations

A method used in behavior modification that rewards behaviors that progressively get closer to the desired behavior.

Intermittent Reinforcement

A conditioning schedule where a response is only sometimes reinforced, leading to more resistant and persistent behavior.

Faster Extinction

The accelerated reduction or loss of conditioned responses, typically in the context of behavioral psychology.

Continuous Reinforcement

A learning schedule in which every correct response is followed by a reward, facilitating rapid learning.