Exhibit 2-1 -Refer to Exhibit 2-1.What Is Net Income,assuming $50,000 of Stock

question 56

Multiple Choice

Exhibit 2-1

-Refer to Exhibit 2-1.What is net income,assuming $50,000 of stock was issued and $25,000 of dividends were paid?

• A)$110,000
• B)$150,000
• C)$190,000
• D)$15,000

---

Definitions:

Continent

One of the very large landmasses on the earth's surface, typically separated by oceans.

Land Ethics

A philosophy that stresses the interdependence between humans and the land, promoting the responsible use and conservation of natural resources.

Proponent

A person who advocates or supports a particular idea, policy, or project.

Agricultural Revolution

A period of technological advancement and increased crop productivity that began in the 18th century, drastically altering agricultural practices.