On January 1,2016,Pamela Company Purchased 75% of the Common Stock

question 25

Multiple Choice

On January 1,2016,Pamela Company purchased 75% of the common stock of Snicker Company.Separate balance sheet data for the companies at the combination date are given below: Determine below what the consolidated balance would be for each of the requested accounts on January 2,2016.
What is the amount of consolidated retained earnings?

• A)$204,000
• B)$209,250
• C)$260,250
• D)$279,000

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Definitions:

Authoritarian Leadership

Demands strict compliance from subordinates. Authoritarian leaders are most effective in a crisis, such as a war or the emergency room of a hospital.

Democratic Leadership

Offers more guidance than the laissez-faire variety but less control than the authoritarian type. Democratic leaders try to include all group members in the decision-making process, taking the best ideas from the group and molding them into a strategy with which all can identify. Except during crisis situations, democratic leadership is usually the most effective leadership style.

Hawthorne Research

Studies conducted primarily at the Western Electric Company's Hawthorne Works in Chicago, which focused on how varying working conditions affected employee productivity, emphasizing the social and psychological factors.

Social Networks

platforms or communities where individuals can communicate, share information, or form relationships online.