LaFevor Co

question 83

Multiple Choice

LaFevor Co. acquired 70% of the common stock of Dean Corp. on August 1, 2022. For 2022, Dean reported revenues of $960,000 and expenses of $780,000, all reflected evenly throughout the year. The annual amount of amortization related to this acquisition was $21,000.What is the effect of including Dean in consolidated net income for 2022?

• A) $8,750.
• B) $66,250.
• C) $75,000.
• D) $126,000.
• E) $159,000.

Identify the mechanisms through which the law aims to ensure fairness and good faith in contract dealings.

Understand the basic structure and functions of biological membranes.

Describe the role of lipids, proteins, and carbohydrates in cell membranes.

Explain the concept of membrane fluidity and factors that influence it.

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Definitions:

Price-Earnings Ratio

A metric used to value a company by comparing its current stock price to its earnings per share.

Net Present Value

This is a calculation that estimates the value of an investment adjusted for its time value of money, essentially determining the present value of its future cash flows minus the initial investment.

Fixed Assets

Tangible assets, such as buildings and machinery, used in operations and not intended for resale, providing long-term financial benefit.

Rights Offering

A financial mechanism by which existing shareholders are given the right to buy additional shares directly from the company, usually at a discount to the current market price.