A Group of Printers Were Advertised in the Sunday Supplement

question 114

Multiple Choice

A group of printers were advertised in the Sunday supplement. The prices listed were $129, $275, $475, $139, $159, $210, $425, and $159. What was the mode price of the printers?

• A)$246.50
• B)$159
• C)$346
• D)$184.50

---

Definitions:

Goodwill Recognition

The accounting process of recording the value of intangible assets acquired through a business combination.

Pooling of Interest

An accounting method for mergers and acquisitions where the assets and liabilities of the combining companies are aggregated.

Synergy

The benefit that results when two or more agents work together to achieve something neither could have achieved on their own.

Incremental Net Gain

The increase in net profit resulting from a specific action, taking into account all associated costs and revenues.