The Following Information Pertains to Alpha Computing at the End

question 46

Multiple Choice

The following information pertains to Alpha Computing at the end of 2012: $$\begin{array} { | l | r | } \hline \text { Assets } & \$ 970,000 \\\hline \text { Liabilities } & \$ 560,000 \\\hline \text { Net Income } & \$ 90,000 \\\hline \text { Common Stock } & \$ 350,000 \\\hline\end{array}$$ Alpha Computing's Retained Earnings account had a zero balance at the beginning of 2012. What amount of dividends did the company pay in 2012?

• A) $280,000.
• B) $150,000.
• C) $30,000.
• D) $80,000.

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Definitions:

Identical Processes

Processes that are exactly the same in every aspect, often used in scientific experiments to ensure replicability and reliability.

Somatoform Disorder

A mental disorder characterized by physical symptoms that have no apparent physical cause, indicating that psychological factors may be involved.

Cognitive Psychologist

A professional who studies mental processes such as perception, memory, problem-solving, and decision-making.

False Beliefs

Concepts or ideas that are accepted as true despite lacking evidence or logical backing.