If Goehler Applies the Equity Method in Accounting for Kenneth

question 107

Multiple Choice

If Goehler applies the equity method in accounting for Kenneth, what is the consolidated balance for the Equipment account as of December 31, 2018?

• A) $1,080,000.
• B) $1,104,000.
• C) $1,100,000.
• D) $1,468,000.
• E) $1,475,000.

---

Definitions:

All-Or-None Response

A principle that states a neuron or muscle fiber responds completely or not at all to a stimulus, without intermediate levels of response.

Dendrites

Branchlike parts of a neuron that are specialized to receive information from other neurons.

Axon Terminals

The endpoint of an axon where neurotransmitters are stored and released to transmit signals across synapses to other neurons, muscles, or glands.

Synapses

The junctions through which neurons signal to each other or to non-neuronal cells such as those in muscles or glands.