Archie Corporation's trial balance included debits to expense accounts of $125,000, credits to revenue accounts of $175,000, and debits to the Dividends account of $50,000. Based on this information, the company's net income(loss) appears to be:

A. $0.

B. ($125,000).

C. $100,000.

D. $175,000.

E. None of these

Which of the following statements is false?

A. Cash discounts are a convenient means of reducing list prices to invoice prices.

B. Cash discounts are used to encourage customers to make prompt payments.

C. For a seller, cash discount and sales discount are synonymous terms.

D. Cash discounts may be offered in conjunction with trade discounts.

E. None of these.