Bayou Development Corporation hiresCoastal Brokerage Associates to sell the condominiums in a building at Bayou Development's resort. The agency will terminate

a. after the condos have been sold.
b. if the prices of the condos must be reduced to sell them.
c. once Bayou Development obtains insurance to cover the property.
d. when Bayou Development pays Coastal Brokerage its first commission.


A

Business

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High Step Shoes had annual revenues of $190,000, expenses of $106,200, and paid dividends of $20,000 during the current year. The retained earnings account before closing had a balance of $302,000. The Net Income for the year is:

A. $63,800 B. $83,800 C. $190,000 D. $365,800 E. $385,800

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Answer the following statement true (T) or false (F)

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The fifth step in the training design process is to develop an evaluation plan that involves identifying ________.

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