Carnes Has the Following Account Balances as of May 1

question 22

Multiple Choice

Carnes has the following account balances as of May 1, 2012 before an acquisition transaction takes place. The fair value of Carnes' Land and Buildings are $650,000 and $550,000, respectively. On May 1, 2012, Riley Company issues 30,000 shares of its $10 par value ($25 fair value) common stock in exchange for all of the shares of Carnes' common stock. Riley paid $10,000 for costs to issue the new shares of stock. Before the acquisition, Riley has $700,000 in its common stock account and $300,000 in its additional paid-in capital account.
At the date of acquisition, by how much does Riley's additional paid-in capital increase or decrease?

• A) $0.
• B) $440,000 increase.
• C) $450,000 increase.
• D) $640,000 increase.
• E) $650,000 decrease.

Know the benefits of early parent-infant contact and the role of father involvement in infant development.

Distinguish between different neonatal assessment scales and their purposes.

Recognize the importance of early bonding and social support in mitigating postpartum mood disorders.

Understand the role of reflexes and unlearned responses in newborns' survival and development.

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Definitions:

Molecule

The smallest unit of a chemical compound that retains its chemical properties, consisting of two or more atoms bonded together.

Silica

A chemical compound of silicon and oxygen, often found in quartz and used in glass making and electronics.

Halite

Halite is a naturally occurring mineral known as rock salt, consisting mainly of sodium chloride (NaCl), and is often mined for use in cooking and as a road deicer.

Water

A transparent, tasteless, odorless, and nearly colorless chemical substance, which is the main constituent of Earth's streams, lakes, and oceans, and the fluids of most living organisms.