Thomas Inc $\$ 90$ Par Value, Nonvoting and Nonparticipating; Kuried Co Acquired All of the Voting Common Stock of Thomas

question 69

Essay

Thomas Inc. had the following stockholders' equity accounts as of January 1, 2011:
Answer: Preferred stock — $\$ 90$ par value, nonvoting and nonparticipating;
$\begin{array}{lr}9 \% \text { cumulative dividend } & \$ 2,700,000 \\\text { Common stock - } \$ 25 \text { par value } & 5,600,000 \\\text { Retained earnings } & 14,000,000\end{array}$ Kuried Co. acquired all of the voting common stock of Thomas on January 1, 2011, for $20,656,000. The preferred stock remained in the hands of outside parties and had a fair value of $3,060,000. A database valued at $656,000 was recognized and amortized over five years.
During 2011, Thomas reported earning $630,000 in net income and paid $504,000 in total cash dividends. Kuried used the equity method to account for this investment.
-What was Kuried's balance in the Investment in Thomas Inc. account as of December 31, 2011?

Explain the concepts of adaptation, resilience, and coping strategies in the context of crisis intervention.

Discuss false notions of coping and real coping mechanisms.

Trace the historical development of crisis intervention.

Describe the essence of a crisis and its subjective impact on individuals.

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Definitions:

Formal Reasoning

The ability to think logically and systematically about abstract concepts and hypothetical situations, typically developing during adolescence.

Nonconscious Responding

Processes that occur without conscious awareness or control, including physiological responses and some behaviors that are automatic or habitual.

"Reasonable."

Being in accordance with logic, fairness, or moderate estimation; often used to describe actions or thoughts that are justified under the circumstances.

Jerome Kagan

A developmental psychologist known for his work on temperament and the role it plays in emotional and psychological development.