Which of the following is LEAST relevant to determining the characteristics necessary for job performance?
A) Organizational culture
B) Applicant knowledge
C) Applicant abilities
D) Labor market
Answer: D
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In frequency modulation, ones and zeroes are sent by varying
a. the height of the sine wave b. the number of cycles-per-second of the sine wave c. the parts of the sine wave that are skipped d. none of the above
On July 1, 2014, Piper Corporation issued 23,000 shares of its own $2 par value common stock for 40,000 shares of the outstanding stock of Sector Inc. in an acquisition
Piper common stock at July 1, 2014 was selling at $16 per share. Just before the business combination, balance sheet information of the two corporations was as follows: Piper Sector Sector Book Book Fair Value Value Value Cash $25,000 $17,000 $17,000 Inventories 55,000 42,000 47,000 Other current assets 110,000 40,000 30,000 Land 100,000 45,000 35,000 Plant and equipment-net 660,000 220,000 280,000 $950,000 $364,000 $409,000 Liabilities $220,000 $70,000 $75,000 Capital stock, $2 par value 500,000 100,000 Additional paid-in capital 170,000 90,000 Retained earnings 60,000 104,000 $950,000 $364,000 Required: 1. Prepare the journal entry on Piper Corporation's books to account for the investment in Sector Inc. 2. Prepare a consolidated balance sheet for Piper Corporation and Subsidiary immediately after the business combination. What will be an ideal response?