Bland Corporation Purchases 75 Percent of the Stock of Carroll

question 79

Multiple Choice

Bland Corporation purchases 75 percent of the stock of Carroll Corporation for $726,000.Sikora has contributed capital of $400,000 and retained earnings of $568,000.The consolidated financial statements will contain

• A) minority interest and negative goodwill.
• B) neither minority interest nor goodwill.
• C) goodwill but not minority interest.
• D) minority interest but not goodwill.

---

Definitions:

Promotion Objectives

Goals that a company wants to achieve through various marketing strategies and promotional activities, such as increasing brand awareness or boosting sales.

Promotion Program

A organized effort by a business to increase awareness, sales, or engagement with its products or services.

Four Ws

A framework often used in project planning and reporting, referring to Who, What, Where, and Why, detailing the parties involved, activities, locations, and reasons respectively.