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Prior to Being United in a Business Combination, Botkins

question 76

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Figure:
Prior to being united in a business combination, Botkins Inc. and Volkerson Corp. had the following stockholders' equity figures:  Botkins  Volkerson  Common stock ($1 par value)  $220,000$54,000 Additional paid-in capital 110,00025,000 Retained earnings 360,000130,000\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. Immediately afterwards, what is consolidated Common Stock?


Definitions:

Quality Of Performance

A measure of how well tasks or activities are executed, often evaluated against predefined standards or expectations.

Extrinsic Motivation

Motivation that is driven by external rewards, such as money, praise, or awards, rather than internal satisfaction.

Management Of Emotions

The ability to monitor, evaluate, and modify emotional reactions in oneself and others, often essential for effective leadership and teamwork.

Anxiety

An emotion of concern, anxiousness, or discomfort regarding an event with an unknown result.

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