On January 1, 20X7, Yang Corporation Acquired 25 Percent of the Outstanding

question 44

Multiple Choice

On January 1, 20X7, Yang Corporation acquired 25 percent of the outstanding shares of Spiel Corporation for $100,000 cash. Spiel Company reported net income of $75,000 and paid dividends of $30,000 for both 20X7 and 20X8. The fair value of shares held by Yang was $110,000 and $105,000 on December 31, 20X7 and 20X8 respectively.
-Based on the preceding information,what amount will be reported by Yang as income from its investment in Spiel for 20X7 if it used the fair value option to account for its investment in Spiel?

• A) $17,500
• B) $12,500
• C) $11,250
• D) $7,500

Identify the features of formal and informal groups.

Comprehend the concept and importance of social capital.

Understand the factors that contribute to group cohesiveness and attractiveness.

Recognize the role of leadership and membership dynamics in groups.

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Definitions:

Articulations

Joints or the points where two bones meet, allowing for a variety of movements.

Increase in Angle

Increase in angle refers to the widening or opening of the angle between two intersecting lines or surfaces.

Articulating Bones

Bones that connect at a joint, allowing for a variety of movements depending on the type of joint and the arrangement of the bones.

Flexion

The action of bending or the condition of being bent, especially of a joint or limb.