Wilkins Inc

question 78

Multiple Choice

Wilkins Inc. acquired 100% of the voting common stock of Granger Inc. on January 1, 2021. The book value and fair value of Granger's accounts on that date (prior to creating the combination) are as follows, along with the book value of Wilkins's accounts: Assume that Wilkins issued 13,000 shares of common stock with a $5 par value and a $46 fair value for all of the outstanding stock of Granger. What is the consolidated balance for Land as a result of this acquisition transaction?

• A)$500,000.
• B)$550,000.
• C)$540,000.
• D)$560,000.
• E)$530,000.

Acknowledge the role of rewards in encouraging employee participation in suggestion systems.

Recognize the communication systems within an organization, including upward and downward communication.

Understand the concept of the profitability index and its application in comparing investment proposals.

Calculate the simple rate of return on investments and understand its implications on investment decisions.

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Definitions:

Standard Error

Estimates the variability of sample mean measurements around the population mean, indicating the precision of the sample mean as an estimate of the population mean.

Confidence Interval

Values derived from sample analyses, that fall within a range likely to encompass the parameter of an unseen population.

Sample

A subset of a population selected for measurement, observation, or questioning to provide statistical information about the population.

Standard Error

The standard deviation of the sampling distribution of a statistic, typically the mean, indicating the accuracy of a sample mean estimate relative to the population mean.