Peter Learns That He Will Be Working with a New

question 45

Multiple Choice

Peter learns that he will be working with a new computer programmer who is Asian, quite attractive, and speaks English very well. Peter pictures her as quiet, shy, polite, and very intelligent. Peter's thinking could best be considered

• A) a stereotype.
• B) discrimination.
• C) us-versus-them thinking.
• D) a prejudice.

Determine the effects of business combinations on consolidated cash, receivables, inventory, equipment, buildings, long-term liabilities, and retained earnings.

Evaluate and record stock issuance and related costs in business combination transactions.

Understand the treatment and impact of additional paid-in capital in business combinations.

Prepare journal entries to record business combination transactions, including stock issuance and payment of combination costs.