Cheers Acquired 100% of Tapp's Shares for $150,000

question 19

Multiple Choice

Cheers acquired 100% of Tapp's shares for $150,000.On the acquisition date,the fair value of the current assets and the net capital assets were $104,000 and $216,000 respectively.The fair value of the liabilities equalled their book value.On Cheers' consolidated statement of financial position,what is the total of its shareholders' equity?

• A)$92,000
• B)$392,000
• C)$484,000
• D)$542,000

Evaluate the advantages and disadvantages of having large bargaining mixes in negotiations.

Discuss the essential information needed about the other party to prepare effectively for a negotiation.

Analyze the benefits and pitfalls of limiting a negotiator's authority in negotiation settings.

Understand different assessment methods for evaluating group members' functioning and roles.

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Definitions:

Hippie

A member of a youth movement in the 1960s that rejected conventional societal norms in favor of peace, love, and communal living.

Confederate

A participant in a study who is secretly working for the researchers, used to manipulate social interactions.

Female Victims

Women who have suffered harm or injury as a result of crime, accident, or other events or actions.

Mentally Ill

Refers to individuals experiencing psychological disorders that affect their mood, thinking, and behavior.