Use the Following Information for Questions 99 Through 102

question 123

Multiple Choice

Use the following information for questions 99 through 102.
The summarized balance sheets of Goebel Company and Dobbs Company as of December 31, 2014 are as follows:
-If Goebel Company acquired a 30% interest in Dobbs Company on December 31, 2014 for $215,000 and the equity method of accounting for the investment were used, the amount of the debit to Equity Investments (Dobbs) would have been

• A) $270,000.
• B) $215,000.
• C) $172,500.
• D) $208,500.

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Definitions:

Preconscious Mind

The part of the mind containing information that is not currently in consciousness but can be brought to consciousness readily.

Parapraxis

A slip of the tongue, memory mistake, or mishap in action, often interpreted in psychoanalysis as revealing underlying unconscious thoughts or desires.

Freudian Slip

A verbal or memory mistake believed to be linked to the unconscious mind's suppressed thoughts or desires.

Oral Stage

The first stage in Freud's psychosexual development theory, occurring in the first year of life, where the mouth is the primary source of pleasure and exploration.