Ryan Company Purchased 80% of Chase Company for $270,000 When

question 11

Multiple Choice

Ryan Company purchased 80% of Chase Company for $270,000 when Chase's book value was $300,000. Chase has 50,000 shares outstanding and currently has a book value of $400,000.Assume Chase issues 30,000 additional shares common stock solely to Ryan for $12 per share.What is the adjusted book value of Chase Company after the issuance of the shares?

• A) $608,000.
• B) $720,000.
• C) $680,000.
• D) $760,000.
• E) $400,000.

Describe the management skills necessary for organizational effectiveness.

Explain the concept of human capital value and its accumulation for competitive advantage.

Recognize the roles and functions of management in an organizational setting.

Comprehend the influence of behavioral sciences on organizational behavior.

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Definitions:

Consumption

The process by which goods and services are utilized to satisfy human wants, including the use of resources.

Income

The monetary payment received by an individual or household for their labor, investments, or from transfer payments, used to fund consumption and savings.

Interest Rate

The cost of borrowing money or the return on investment, typically expressed as an annual percentage of the principal.

Consumption

Families engaging in the use of products and services.