The Balance Sheets of Palisade Company and Salisbury Corporation Were

question 22

Essay

The balance sheets of Palisade Company and Salisbury Corporation were as follows on December 31,2010:
On January 1,2011 Palisade issued 30,000 of its shares with a market value of $40 per share in exchange for all of Salisbury's shares,and Salisbury was dissolved.Palisade paid $20,000 to register and issue the new common shares.It cost Palisade $50,000 in direct combination costs.Book values equal market values except that Salisbury's land is worth $250,000.
Required:
Prepare a Palisade balance sheet after the business combination on January 1,2011.

Identify methods by which individuals reduce cognitive dissonance and the factors influencing these methods.

Understanding the process and stages of Kurt Lewin's change model.

Identifying individual and organizational benefits of career planning.

Recognizing the significance of organizations capitalizing on global market opportunities.

---

Definitions:

Total Cost

The complete sum of all costs associated with producing or acquiring goods and services, including direct, indirect, fixed, and variable costs.

Responsiveness

The ability of a system or organization to quickly and effectively react to changes.

Carrier

A company that provides transportation services for goods, typically via land, sea, or air.

Mode of Transportation

Refers to the various methods or forms used to move people or goods from one place to another, such as by road, rail, air, or sea.