Bullen Inc

question 72

Multiple Choice

Bullen Inc. acquired 100% of the voting common stock of Vicker Inc. on January 1, 20X1. The book value and fair value of Vicker's accounts on that date (prior to creating the combination) follow, along with the book value of Bullen's accounts: Assume that Bullen issued 12,000 shares of common stock with a $5 par value and a $42 fair value for all of the outstanding shares of Vicker. What will be the consolidated Additional Paid-In Capital and Retained Earnings (January 1, 20X1 balances) as a result of this acquisition transaction?

• A) $60,000 and $490,000.
• B) $60,000 and $250,000.
• C) $380,000 and $250,000.
• D) $464,000 and $250,000.
• E) $464,000 and $420,000.

Recognize the importance and methods of financial analysis and control.

Differentiate between various types of managerial control systems and their applications.

Grasp the importance of project completion within the defined scope, time, and cost constraints.

Identify the key financial ratios for analyzing a firm's financial health.

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