Use the Following Information to Answer Questions

question 34

Multiple Choice

Use the following information to answer questions
On January 1, 2013, Poole Company purchased 75% of the common stock of Swimmer 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 amount of inventory will be reported?

• A)$170,000.
• B)$177,000.
• C)$186,500.
• D)$192,000.

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Definitions:

Uncertain Environments

Provide no information to predict expected results for decision-making alternatives.

Information Sufficient

Having enough data or facts to make informed decisions or reach conclusions.

Programmed Decision

A decision made in response to a recurring problem that involves a procedure or rule for its resolution.

Crisis Decision

Occurs when an unexpected problem can lead to disaster if not resolved quickly and appropriately.