On April 1, 2012, the Balance Sheets of Optimum Inc

question 28

Essay

On April 1, 2012, the balance sheets of Optimum Inc. and Electra Inc. were as follows: On that date, the fair values of Electra's Assets and Liabilities were as follows: On April 1, 2012, Optimum issued 5,000 new common shares with a market value of $50.00 per share as consideration for Electra's net assets. Prior to the issue, Optimum had 10,000 outstanding common shares. a) Calculate the amount of Goodwill arising from this combination. b) Prepare the journal entry to record Optimum's acquisition of Electra's assets. c) Prepare Optimum's Consolidated Balance Sheet immediately following its acquisition of Electra's assets. d) Prepare Electra's Balance Sheet following the acquisition.

Recognize the steps and strategies involved in initiating and conducting organizing campaigns.

Understand the roles and functions of key labour organizations in Canada relative to their counterparts in other countries.

Understand the principles of bargaining and negotiation tactics in the labour context.

Identify strategies employed by unions and management during negotiations and labour disputes.

---

Definitions:

Sales and Manufacturing

The process that involves both the creation of products and their sale to customers.

Target Market

A specific group of consumers at which a company aims its products and services.

Marketing Program

A strategic plan that outlines a company's advertising, sales, and marketing efforts to promote its products or services.

Specific Groups

Defined segments of a population identified by shared characteristics or interests, often targeted in market research, public policy, or social initiatives.