Paro Company Purchased 80% of the Voting Common Stock of Sabon

question 35

Multiple Choice

Paro Company purchased 80% of the voting common stock of Sabon Company for $900,000.There are no liabilities.The following book and fair values are available for Sabon:
$\begin{array}{lrr}& \text { Book Value } & \text { Fair Value } \\\text { Current assets } & \$ 100,000 & \$ 200,000 \\\text { Land and building } & 200,000 & 200,000 \\\text { Machinery } & 300,000 & 600,000 \\\text { Goodwill } & 100,000 & ? \end{array}$

The machinery will appear on the consolidated balance sheet at ____.

• A)$600,000
• B)$540,000
• C)$480,000
• D)$300,000

Appreciate the importance of community involvement and political action in public health.

Understand the effects of global warming on health.

Identify environmental risks associated with modern lifestyles.

Recognize the challenges in improving environmental health and the importance of policy and advocacy.

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Definitions:

Belonging

The feeling of being accepted and included as a member or part of a group or community.

Piaget

A Swiss psychologist known for his pioneering work in child development, particularly his theory of cognitive development that describes how children's intellect grows through stages.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or otherwise sensed.

Young Infants

Infants in the earliest stages of life, typically considered to be from birth to one year old.