Silver Enterprises Has Acquired All Gold Mining in a Merger

question 48

Multiple Choice

Silver Enterprises has acquired All Gold Mining in a merger transaction. The pre-merger balance sheet for Silver Enterprises has current assets of $1,500, other assets of $400, net fixed assets of $2,300, current liabilities of $1,000, long-term debt of $500 and owners' equity of $,2700. The pre-merger balance sheet for All Gold Mining shows current assets of $600, other assets of $210, net fixed assets of $1,600, current liabilities of $500, and equity of $1,910. Assume the merger is treated as a purchase for accounting purposes. The market value of All Gold Mining's fixed assets is $2,900; the market values for current and other assets are the same as the book values. Assume that Silver Enterprises issues $4,000 in new long-term debt to finance the acquisition. The post-merger balance sheet will reflect goodwill of ________ and total equity of ________.

• A) $640; $2,700
• B) $790; $4,610
• C) $790; $2,700
• D) $890; $4,610
• E) $890; $2,700

Identify the characteristics and components of authentic leadership.

Recognize the potential impact of leadership models on organizational performance.

Distinguish between transformational and authentic leadership elements.

Appreciate the importance of encouraging communication and sharing information in authentic leadership.

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Definitions:

Holistic Approach

A comprehensive method that considers all aspects, factors, and connections of a system or problem rather than focusing on individual parts.

Mission Statement

A formal summary of the aims and values of a company, organization, or individual.

Turnover

The rate at which employees leave a workforce and are replaced.

Strategic HRM

A proactive approach in human resources management that aligns HR practices with the strategic objectives of an organization to achieve long-term goals.