Wilkins Inc

question 16

Multiple Choice

Wilkins Inc. acquired 100% of the voting common stock of Granger Inc. on January 1, 2021. The book value and fair value of Granger's accounts on that date (prior to creating the combination) are as follows, along with the book value of Wilkins's accounts: Assume that Wilkins issued 13,000 shares of common stock with a $5 par value and a $46 fair value for all of the outstanding shares of Granger. What will be the consolidated Additional Paid-In Capital and Retained Earnings (January 1, 2021 balances) as a result of this acquisition transaction?

• A) $60,000 and $490,000.
• B) $60,000 and $250,000.
• C) $380,000 and $250,000.
• D) $593,000 and $250,000.
• E) $593,000 and $490,000.

Identify and apply different verbal responses to convey empathy.

Recognize the role of nonverbal behavior in communication and its interpretation.

Utilize verbal techniques such as clarification, paraphrasing, reflection, and summarization to enhance understanding and empathy in communication.

Understand the impact of culture on communication styles and preferences.

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Definitions:

Sisters

Female siblings who share one or both parents in common, often forming a familial bond characterized by mutual support.

Romantic Relationships

Interpersonal bonds marked by emotional and physical intimacy with a significant other.

Depression

A psychiatric condition featuring constant depressive feelings or apathy towards usual interests, severely affecting daily routines and quality of life.

Suicide

The act of intentionally causing one's own death, often as a response to distressing psychological conditions.