Prior to Being United in a Business Combination, Botkins Inc

question 12

Multiple Choice

Prior to being united in a business combination, Botkins Inc. and Volkerson Corp. had the following stockholders' equity figures: Botkins issued 56,000 new shares of its common stock valued at $3.25 per share for all of the outstanding stock of Volkerson.
Assume that Botkins acquired Volkerson on January 1, 2012. At what amount did Botkins record the investment in Volkerson?

• A) $56,000.
• B) $182,000.
• C) $209,000.
• D) $261,000.
• E) $312,000.

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Definitions:

Sex Hormone

Biological compounds that play critical roles in sexual function and characteristics, including hormones like estrogen, progesterone, and testosterone.

Menarche

The first occurrence of menstruation in a female, marking the onset of fertility.

Primary Sex Characteristic

refers to the biological attributes directly involved in reproduction, including the sex organs such as ovaries in females and testes in males.

Gender Role Socialization

The idea that people learn culture-specific expectations about gender roles passively, through exposure to social information in the environment.