Use the Following Information to Answer Questions

question 31

Multiple Choice

Use the following information to answer questions
On January 1, 2013, Pamela Company purchased 75% of the common stock of Snicker Company.Separate balance sheet data for the companies at the combination date are given below: Determine below what the consolidated balance would be for each of the requested accounts on January 2, 2013.
-What is the amount of consolidated retained earnings?

• A)$204,000
• B)$209,250
• C)$260,250
• D)$279,000

Learn how to compute and analyze asset utilization ratios such as inventory and receivables turnover.

Understand the efficiency and ease of sharing information through digital marketing.

Recognize the various applications and impacts of digital media in business contexts.

Differentiate between traditional business and e-business.

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Definitions:

African American

A racial or ethnic group in the United States with ancestry from any of the black racial groups of Africa.

Hispanic Populations

Refers to individuals and communities who identify with or are descended from Spanish-speaking cultures, particularly evident in Latin America and Spain.

Caucasian Populations

A term historically used to refer to people from a wide range of ethnic backgrounds, mainly those with European ancestry.

Gender Biases

Preconceived notions and discriminatory attitudes based on an individual's gender that unfairly advantage or disadvantage members of a particular gender.