Figure:
Prior to Being United in a Business Combination, Botkins

question 78

Multiple Choice

Figure:
Prior to being united in a business combination, Botkins Inc. and Volkerson Corp. had the following stockholders' equity figures: $\begin{array}{lrrrr} & {\text { Botkins }} & & \text { Volkerson } \\\text { Common stock (\$1 par value) } & \$ 220,000 & & \$ 54,000 \\\text { Additional paid-in capital } & 110,000 & & 25,000 \\\text { Retained earnings } & 360,000 & & 130,000\end{array}$ 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, 2010. 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:

Receptor

A specialized cell or group of nerve endings that responds to changes in the environment, such as chemicals, heat, or light.

Neurotransmitter

Chemicals released by neurons to transmit signals to other neurons or muscles, facilitating communication within the nervous system.

Axon Terminal

The endpoint of a neuron's axon where neurotransmitters are released to transmit signals to another neuron or effector cell.

Synaptic Vesicle

A synaptic vesicle is a small, spherical vesicle that contains neurotransmitters and is found within the terminal of a nerve fiber.