Gale Co. was formed on January 1, 2021 as a wholly owned foreign subsidiary of a U.S. corporation. Gale’s functional currency was the stickle (§). The following transactions and events occurred during 2021:  Jan. 1 Gale issued common stock for §2,000,000.June 30 Gale paid dividends of §50,000.Dec. 31 Gale reported net income of §120,000 for the year. Exchange rates for 2021 were:  Jan. 1 $ 1 = § 0.50June 30 $ 1 = § 0.47Dec. 31 $ 1 = § 0.44Weighted average rate for the year $ 1 = § 0.46 What was the amount of the translation adjustment for 2021?   A)    $121,500 increase in relative value of net assets.  B)    $121,500 decrease in relative value of net assets. C)    $62,000 decrease in relative value of net assets. D)    $62,000 increase in relative value of net assets. E)    $58,500 increase in relative value of net assets.  

A nurse caring for a client who underwent surgical repair of a detached retina in the right eye.  Which nursing interventions should the nurse perform?  Select all that apply.

A nurse is collecting data from a client who has acute pancreatitis.  Which of the following finding is the priority to report?

Name the specific substance that the pointer is pointing to. _______

Under the temporal method, which accounts are remeasured using current exchange rates?

Name this bone. _______ Is this a left or right? _______

Name the specific raised area of the previously named bone that the pointer is pointing to. _______

The client has had a liver biopsy.  Which postprocedure intervention should the nurse implement?

            On January 1, 2020, Barber Corp. paid $1,160,000 to acquire Thompson Co. Thompson maintained separate incorporation. Barber used the equity method to account for the investment. The following information is available for Thompson’s assets, liabilities, and stockholders’ equity accounts on January 1, 2020:     Book Value Fair Value Current assets $ 130,000   $ 130,000   Land   75,000     193,000   Building (twenty year life)   250,000     276,000   Equipment (ten year life)   540,000     518,000   Current liabilities   26,000     26,000   Long-term liabilities   124,000     124,000   Common stock   233,000         Additional paid-in capital   389,000         Retained earnings   223,000           Thompson earned net income for 2020 of $134,000 and paid dividends of $51,000 during the year. At the end of 2020, the consolidation entry to eliminate Barber’s accrual of Thompson’s earnings would include a credit to Investment in Thompson Co. for                         A)    $83,000.              B)    $133,100.            C)    $134,000.            D)    $134,900.            E)    $0.

During January 2020, Nelson, Inc. acquired 30% of the outstanding common stock of Fuel Co. for $1,600,000. This investment gave Nelson the ability to exercise significant influence over Fuel. Fuel’s assets on that date were recorded at $7,200,000 with liabilities of $3,400,000. Any excess of cost over book value of Nelson’s investment was attributed to unrecorded patents having a remaining useful life of ten years.In 2020, Fuel reported net income of $650,000. For 2021, Fuel reported net income of $800,000. Dividends of $250,000 were paid in each of these two years. What was the reported balance of Nelson’s Investment in Fuel Co. at December 31, 2021?