LaFevor Co

question 128

Multiple Choice

LaFevor Co. acquired 70% of the common stock of Dean Corp. on August 1, 2022. For 2022, Dean reported revenues of $960,000 and expenses of $780,000, all reflected evenly throughout the year. The annual amount of amortization related to this acquisition was $21,000.In consolidation, the total amount of expenses related to Dean, and to LaFevor's acquisition of Dean, for 2022 is determined to be

• A) $180,000.
• B) $234,000.
• C) $325,000.
• D) $333,750.
• E) $546,000.

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Definitions:

Health Care Costs

The expenses associated with medical procedures, treatments, drugs, and other health-related services.

Postpone Teaching Session

the act of delaying or rescheduling an educational session to a later time or date.

High Fever

An elevated body temperature significantly above the normal range, often indicating infection or illness.

Fatigued

A state of persistent tiredness, often leading to reduced efficiency and physical capacity.