Pickup Company Acquired 100 Percent of the Voting Common Shares

question 49

Multiple Choice

Pickup Company acquired 100 percent of the voting common shares of Sedan Corporation by issuing bonds with a par value and fair value of $200,000.Immediately prior to the acquisition,Pickup reported total assets of $600,000,liabilities of $370,000,and stockholders' equity of $230,000.At that date,Sedan reported total assets of $500,000,liabilities of $300,000,and stockholders' equity of $200,000.Included in Sedan's liabilities was an account payable to Pickup in the amount of $50,000,which Pickup included in its accounts receivable.
-Based on the preceding information,what amount of total liabilities was reported in the consolidated balance sheet immediately after the acquisition?

• A)$370,000
• B)$670,000
• C)$820,000
• D)$870,000

Understand the effects of prolonged hospitalization on patient mobility and strategies for prevention and management.

Knowledge of practical approaches to strengthen bones and prevent hip fractures in older patients.

Understand the skeletal system effects due to lack of weight bearing and immobilization.

Understand the fundamental nursing responsibilities in managing patients receiving phototherapy, including UV exposure protection.

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Definitions:

Delivery

The process of giving birth to a baby; it marks the culmination of pregnancy.

Electronic Fetal Monitor

A device used to monitor a fetus's heart rate and the mother's uterine contractions during pregnancy and childbirth.

Fetal Heartbeat

The cardiac activity of a fetus, often detectable by ultrasound around the 6th week of pregnancy.

Labor

The process of childbirth, especially the period from the start of contractions to delivery or in a broader sense, physical or mental exertion especially when difficult or exhausting.