The Following Data Pertains to Questions

question 1

Multiple Choice

The following data pertains to questions
Parent and Sub Inc had the following balance sheets on December 31,2008: On January 1,2009 Parent purchased all of Sub Inc's Common Shares for $40,000 in cash.On that date,Sub's Current Assets and Fixed Assets were worth $26,000 and $54,000,respectively.Assuming that Consolidated Financial Statements were prepared on that date,answer the following:
-The Fixed Assets of the combined entity should be valued at:

• A)$70,000
• B)$154,000
• C)$160,000
• D)$120,000

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Definitions:

Odors

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Refers to infants from birth to a few months old, focusing on their care, development, and health needs.

Easy Babies

Infants who are generally calm, easily soothed, and adaptable to new situations or routines, making them perceived as easier to care for.

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