Use the Following Information to Answer Questions

question 15

Multiple Choice

Use the following information to answer questions
North Company issued 24,000 shares of its $20 par value common stock for the net assets of Prairie Company in business combination under which Prairie Company will be merged into North Company.On the date of the combination, North Company common stock had a fair value of $30 per share.Balance sheets for North Company and Prairie Company immediately prior to the combination were as follows:
-If the business combination is treated as an acquisition and Prairie Company's net assets have a fair value of $686,400, North Company's balance sheet immediately after the combination will include goodwill of

• A)$30,600.
• B)$38,400.
• C)$33,600.
• D)$56,400.

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Definitions:

Insomnia

A sleep disorder characterized by difficulty falling asleep, staying asleep, or obtaining restorative sleep, leading to daytime impairment.

Sleep Apnea

A sleep disorder characterized by pauses in breathing or periods of shallow breathing during sleep.

N-Sleep

Refers to non-rapid eye movement (NREM) sleep, which encompasses stages 1 through 3 of the sleep cycle, involving deepening sleep and physiological rest.

Alpha Rhythms

Brainwaves detected through EEG, associated with relaxed, wakeful states, typically with closed eyes.