Jansen Inc

question 53

Multiple Choice

Jansen Inc. acquired all of the outstanding common stock of Merriam Co. on January 1, 2012, for $257,000. Annual amortization of $19,000 resulted from this acquisition. Jansen reported net income of $70,000 in 2012 and $50,000 in 2013 and paid $22,000 in dividends each year. Merriam reported net income of $40,000 in 2012 and $47,000 in 2013 and paid $10,000 in dividends each year. What is the Investment in Merriam Co. balance on Jansen's books as of December 31, 2013, if the equity method has been applied?

• A) $286,000.
• B) $295,000.
• C) $276,000.
• D) $344,000.
• E) $324,000.

Recognize the significance of activation energy in chemical reactions and the factors influencing it.

Comprehend the impact of temperature on biochemical and physiological processes in living organisms.

Learn about the role and mechanisms of catalysts in chemical reactions.

Distinguish between heterogeneous and homogeneous catalysts and their applications.

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Definitions:

Goal-setting Program

A structured approach to identifying and planning to achieve specific objectives, often used in personal and professional development.

Management by Reinforcement

A management strategy that employs the use of rewards and punishments to influence employee behavior towards desired outcomes.

Management by Exemption

A management style where leaders only intervene when standards are not met or when there are deviations from expected performance

Task-specific Self-efficacy

An individual’s internal expectancy to perform a specific task effectively.