On January 1, 20X6, Power Company acquired 80 percent of Strong Company's outstanding stock for cash. The fair value of the noncontrolling interest was equal to a proportionate share of the book value of Strong Company's net assets at the date of acquisition. Selected balance sheet data at December 31, 20X6 are as follows: Power Strong Total Assets$564,000 $241,000 Liabilities$180,000 $65,000 Common Stock 150,000 80,000 Retained Earnings 234,000 96,000 Total Liabilities and Stockholders' Equity$564,000 $241,000 Based on the preceding information, what amount will Power Company report as common stock outstanding in its consolidated balance sheet at December 31, 20X6?
A. $150,000
B. $214,000
C. $184,000
D. $230,000
Answer: A
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A. energy B. direction C. maintenance D. leadership
What is ROWE?
What will be an ideal response?
The National Labor Relations Board has stated that the right to discuss working conditions freely and without fear of retaliation should exist at the work site. However, the Board believes the same right does not exist online
a. True b. False
Pricing preferred stock is most similar to pricing ________
A) constant growth common stock B) a perpetuity C) a zero-coupon bond D) a three-month Treasury bill