Denber Co Acquired 60% of the Common Stock of Kailey Corp

question 35

Multiple Choice

Denber Co. acquired 60% of the common stock of Kailey Corp. on September 1, 2014. For 2014, Kailey reported revenues of $810,000 and expenses of $630,000, all reflected evenly throughout the year. The annual amount of amortization related to this acquisition was $15,000.
In consolidation, the total amount of expenses related to Kailey, and to Denber's acquisition of Kailey, for 2014 is determined to be

• A) $153,750.
• B) $161,250.
• C) $205,000.
• D) $210,000.
• E) $215,000.

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Definitions:

Malodorous Drainage

Unpleasant or foul-smelling discharge, commonly associated with infections, wounds, or other medical conditions requiring attention.

Pressure Injury

Tissue damage caused by prolonged pressure on the skin, often occurring on skin over bony areas, it's a serious complication that can affect people who are immobilized or have limited mobility.

Débridement

A medical procedure involving the removal of dead, damaged, or infected tissue to promote healing.

Black

A color that results from the absence or complete absorption of visible light, often associated with darkness or night.