Prior to Being United in a Business Combination, Botkins Inc

question 82

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. Immediately afterwards, what is consolidated Common Stock?

• A) $456,000.
• B) $402,000.
• C) $274,000.
• D) $276,000.
• E) $330,000.

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Definitions:

Energies

Various forms of power derived from resources, which are used to generate light, heat, and work activities, including solar, wind, nuclear, and fossil fuels.

Vata

In Ayurvedic medicine, one of the three doshas or principles that helps regulate and control the body's functions, associated with movement and space.

Pitta

In Ayurveda, one of the three doshas or constitutions, characterized by heat and energy, and often associated with metabolism and digestion.

Kapha

In Ayurvedic medicine, one of the three doshas or body types, represented by elements of earth and water and associated with strength and stability.