Perch Co Acquired 80% of the Common Stock of Float Corp

question 100

Multiple Choice

Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair value of Float's net assets was $1,850,000, and the book value was $1,500,000. The non-controlling interest shares of Float Corp. are not actively traded.
What is the dollar amount of Float Corp.'s net assets that would be represented in a consolidated balance sheet prepared at the date of acquisition?

• A) $1,600,000.
• B) $1,480,000.
• C) $1,200,000.
• D) $1,780,000.
• E) $1,850,000.

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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Definitions:

Status Cues

Are visual indicators of a person’s social position.

Stereotypes

Are rigid views of how members of various groups act, regardless of whether individual group members really behave that way.

Role Cues

Signals or indicators that guide individuals on how to behave appropriately in specific social roles or contexts.

Cultural Nuances

Subtle differences and variations within a culture that are often understood by those who live within it but may be overlooked by outsiders.