On January 1, 20X9, Peanuts Corporation acquired 80 percent of Schulz Corporation's voting common stock. On that date, Peanuts had equipment with a book value of $50,000 and a fair value of $200,000. Schulz's buildings and equipment had a book value of $300,000 and a fair value of $300,000 at the time of acquisition. What will be the amount at which buildings and equipment will be reported in consolidated statements immediately following the acquisition?
A. $300,000
B. $340,000
C. $350,000
D. $280,000
Answer: C
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Answer the following statements true (T) or false (F)
1. People who hate their jobs do not collectively cost their organization money based on low productivity. 2. Organizational behavior can be defined as the study of people and their behaviors in the work place. 3. Organizational behavior can be defined as the study of people and their behaviors in the work place. 4. Providing employees with gifts or empathy wages makes employees feel appreciated. 5. A primary research area for OB scholars is biology.
Debentures are
a. unsecured bonds. b. secured bonds. c. ordinary bonds. d. serial bonds.
A marketing channel can also be referred to as a channel of distribution
Indicate whether the statement is true or false
Under what type of securities offering must the issuer determine if the investor is an accredited, sophisticated, or unaccredited investor?
a. Regulation A offering. b. Regulation D offering. c. Public offering. d. An interstate offering.