The Financial Statement Amounts for the Atwood Company and the Franz

question 63

Multiple Choice

The financial statement amounts for the Atwood Company and the Franz Company as of December 31, 2021, are presented below. Also included are the fair values for Franz Company's net assets (all numbers are in thousands) . Note: Parenthesis indicate a credit balanceAssume an acquisition business combination took place at December 31, 2021. Atwood issued 50 shares of its common stock with a fair value of $35 per share for all of the outstanding common shares of Franz. Stock issuance costs of $15 (in thousands) and direct costs of $10 (in thousands) were paid.Compute consolidated cash at the completion of the acquisition.

• A)$1,350.
• B)$1,085.
• C)$1,110.
• D)$870.
• E)$845.

---

Definitions:

Chronic Glomerular Nephritis

A long-term inflammation of the tiny filters in the kidneys (glomeruli), which can lead to kidney failure.

Urinary Output

Urinary output refers to the amount of urine produced and excreted by the body, an important indicator of kidney function and hydration status.

Anuria

The absence of urine.

Oliguria

Scanty production of urine.