The Following Details Relate to the Equity of R $\text { * Includes nrofit for the vear of } \$ 48000$

question 6

Multiple Choice

The following details relate to the equity of R. Simpson, sole proprietor.
$\begin{array}{lcc} & \text { End year 1 } & \text { End year 2 } \\\text { Capital } & \$ 60000 & \$ 60000 \\\text { Current account } & 24000 \mathrm{CR} & 38000 \mathrm{CR}^{*}\end{array}$
$\text { * Includes nrofit for the vear of } \$ 48000$
How much was withdrawn by R. Simpson during year 2?

• A) $34 000
• B) $62 000
• C) $72 000
• D) Cannot be calculated from the information provided

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Definitions:

Latent Learning

Learning that occurs without overt reinforcement or manifestations but can be demonstrated when a suitable motivation is provided.

Productivity Increase

An improvement in the efficiency of production, often measured by the output per unit of labor or resources.

Profit-Sharing Plan

A company program that gives employees a share in the profits of the company.

Intermittent Reinforcement

A behavioral training strategy where rewards or punishments are given out irregularly, contributing to stronger or more lasting behavioral responses.