Author Question: APSCO Lighting, Inc, had a gross profit of 234,000 for the last twelve-month period. Operating ... (Read 125 times)

Chelseaamend · **on:** Jul 14, 2018

APSCO Lighting, Inc, had a gross profit of 234,000 for the last twelve-month period. Operating expenses were 185,000. What was APSCO's net income before taxes?
A) 490,000
B) 234,000
C) 185,000
D) 49,000
E) 41,000

Question 2

The theory stating that rewarded behavior is likely to be repeated and that punished behavior is less likely to recur is called
A) expectancy theory.
B) Theory Y.
C) equity theory.
D) reinforcement theory.
E) Theory X.