Saskatchewan Corp

question 70

Multiple Choice

Saskatchewan Corp.,with a book value of $10 million and a market value of $12 million,has merged with Alberta Corp.,with a book value of $10 million and a market value of $11 million and a price of $11 million.Under the purchase method,what will be the total assets on the book of the new merged firm?

• A)$26 million
• B)$19 million
• C)$20 million
• D)$39 million

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Definitions:

Transcranial Magnetic Stimulation (TMS)

A method of stimulating brain cells, using a powerful magnetic field produced by a wire coil placed on a person’s head; it can be used by researchers to temporarily inactivate neural circuits.

Temporarily Inactivated

Refers to something that has been made inactive or non-functional for a short period of time.

Brain Area

Specific regions within the brain that are associated with particular functions, such as the frontal lobes with decision making or the hippocampus with memory.

Endorphins

Natural chemicals in the body that interact with the brain's receptors to reduce pain and boost pleasure, resulting in a feeling of well-being.