Jaynes Inc

question 8

Essay

Jaynes Inc. acquired all of Aaron Co.'s common stock on January 1, 2012, by issuing 11,000 shares of $1 par value common stock. Jaynes' shares had a $17 per share fair value. On that date, Aaron reported a net book value of $120,000. However, its equipment (with a five-year remaining life) was undervalued by $6,000 in the company's accounting records. Any excess of consideration transferred over fair value of assets and liabilities is assigned to an unrecorded patent to be amortized over ten years.
What was consolidated net income for the year ended December 31, 2013?

Identify the characteristics of proactive personality traits.

Understand the correlation between achievement orientation and attribution styles.

Recognize common errors in the attribution process.

Identify and describe different leadership styles and their effectiveness in various situations.