REFERENCE: Ref.03_12 Watkins,Inc.acquires All of the Outstanding Stock of Glen Corporation on Corporation

question 13

Multiple Choice

REFERENCE: Ref.03_12
Watkins,Inc.acquires all of the outstanding stock of Glen Corporation on January 1,2009.At that date,Glen owns only three assets and has no liabilities:
-If Watkins issued common stock valued at $410,000 for Glen,rather than paying cash,in a pooling of interests on June 15,1999,at what amount would the subsidiary's Building be represented in a December 31,2009,consolidation,assuming there are no acquisitions or disposals of buildings and equipment?

• A)$190,000.
• B)$193,000.
• C)$197,000.
• D)$199,400.
• E)$200,000.

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Definitions:

Lumbar Spine

The lower part of the spine consisting of five vertebrae between the thoracic spine and sacral region, often associated with lower back pain.

Range-Of-Motion (ROM)

The total capacity for movement within a joint, often measured by the extent of its bending and straightening capabilities.

Hemiparesis

A partial weakness on one side of the body, often a result of a stroke or brain injury.

Physiotherapy

A healthcare profession aimed at the treatment, maintenance, and restoration of physical function and mobility.