Denber Co Acquired 60% of the Common Stock of Kailey Corp

question 104

Multiple Choice

Denber Co. acquired 60% of the common stock of Kailey Corp. on September 1, 2010. For 2010, Kailey reported revenues of $810,000 and expenses of $630,000, all reflected evenly throughout the year. The annual amount of amortization related to this acquisition was $15,000.
-What is the effect of including Kailey in consolidated net income for 2010?

• A) $31,000.
• B) $33,000.
• C) $55,000.
• D) $60,000.
• E) $39,000.

Analyze the structure and benefits of various work schedules and their impact on employee well-being.

Grasp the concept and advantages of job expansion, including job rotation, job enlargement, and job enrichment.

Learn the significance of employee empowerment in improving job performance and satisfaction.

Understand the use and benefits of work sampling in workforce performance evaluation.

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Definitions:

Purchasing Product

The act of acquiring goods or services in exchange for money.

Act Ethically

The practice of making decisions and taking actions based on ethical principles and values, ensuring fairness, integrity, and respect for others.

Encourage Complaints

A management strategy that involves actively seeking feedback, including negative feedback or complaints, to improve services or address issues.

Catastrophizing

A cognitive distortion involving an irrational thought pattern where one anticipates or exaggerates the worst possible outcome of a situation.