A patient has been prescribed aspart insulin as part of their medication regimen for type one diabetes. The nurse gives a dose of aspart at 1300 (1:00 PM). The nurse knows that the patient is most at risk for a hypoglycemic reaction at:
The nurse is providing education to a patient who was diagno…
The nurse is providing education to a patient who was diagnosed with hypothyroidism and has been prescribed thyroid replacement therapy. Which statement, if made by the patient, indicates an understanding of the medication?
A patient who is taking long term estrogen therapy tells the…
A patient who is taking long term estrogen therapy tells the nurse they have not stopped smoking. The patient asks what the big deal is. What is the best response by the nurse?
Magic Corporation acquired 90% of the common stock of Mini C…
Magic Corporation acquired 90% of the common stock of Mini Company for $420,000. Magic Corporation previously held no equity interest in Mini. On the date of acquisition, the fair value of the noncontrolling interest was $45,000. On the acquisition date, the carrying amount of Mini’s identifiable net assets amounted to $300,000. However, Mini’s Inventory had a fair value that exceeded its carrying value by $60,000 while its Equipment had a fair value that exceeded its carrying value by $40,000. All other assets and liabilities had fair values that equaled their carrying values. What amount of Goodwill should be reported on Magic Corporation’s consolidated balance sheet immediately after the acquisition?
Immediately before entering into a business combination, Pre…
Immediately before entering into a business combination, Prescott Enterprises and Sylvestre Company reported the following stockholders’ equity accounts and balances: Sylvestre Prescott Common stock ($1 par) $180,000 $ 45,000 Additional paid-in capital 90,000 20,000 Retained earnings 300,000 110,000 In connection with the business combination, Prescott issues 102,000 new shares of its common stock valued at $1.50 per share for all of the outstanding common stock of Sylvestre. Immediately afterward, what are the consolidated Additional Paid-In Capital and Retained Earnings figures, respectively?
When negotiating a business acquisition, buyers sometimes ag…
When negotiating a business acquisition, buyers sometimes agree to pay extra amounts to sellers in the future if performance metrics are achieved over specified time horizons. How should buyers account for such contingent consideration in recording an acquisition?
Which of the following does not indicate an investor compan…
Which of the following does not indicate an investor company’s ability to significantly influence an investee?
In order to accomplish a business combination, Prescott Comp…
In order to accomplish a business combination, Prescott Company acquired all the outstanding common shares of Sylvestre Company, a business entity, for cash equal to the carrying amount of Sylvestre’s net assets. The carrying amounts of Sylvestre’s assets and liabilities approximated their fair values at the acquisition date, except for the carrying amount of its building was more than fair value. In preparing Prescott’s year-end consolidated income statement, what is the effect of recording the assets acquired and liabilities assumed at fair value, and should goodwill amortization be recognized? Depreciation Expense Goodwill Amortization
Pittman Corporation acquired for cash at $10 per share all 1…
Pittman Corporation acquired for cash at $10 per share all 100,000 shares of the outstanding common stock of Geoghagan Company. The total fair value of the identifiable assets acquired minus liabilities assumed of Geoghagan was $1,400,000 on the acquisition date, including the fair value of its Property, Plant, and Equipment (its only non-current asset) of $250,000. The consolidated financial statements of Pittman and its wholly-owned subsidiary must reflect
What are the three periods of General Adaptation Syndrome?
What are the three periods of General Adaptation Syndrome?