Author: Anonymous

Problem 1 On January 1, Sylvestre Company reported the following accounting balances:  Receivables                      $ 80,000                       Current liabilities                   $ 10,000 Inventory                             70,000                       Long-term liabilities                 50,000 Buildings (net)                    75,000                       Common stock                          90,000 Equipment (net)                  25,000                       Retained earnings                   100,000       Total assets               $250,000                                   Total liabs. & SE      $250,000 On January 1, Argo Company paid $300,000 cash for all the assets and liabilities of Sylvestre Company, which will cease operations after being acquired by Argo. In connection with the acquisition, Argo paid $10,000 in legal fees and agreed to pay $50,000 to the previous owners of Sylvestre contingent on the firm meeting certain net income goals in the following year. Argo estimated the present value of this probability adjusted expected payment for the contingency at $15,000. In determining its offer, Argo noted the following pertaining to Sylvestre: It holds a building with a fair value $40,000 more than its book value. It has developed a customer list valued at $22,000, although it is not recorded on Sylvestre’s books. It has in-process R&D activity with an appraised fair value of $30,000. However, the project has not yet reached technological feasibility. All other assets’ and liabilities’ fair values approximate their carrying values. Prepare all journal entries Argo Company should record associated with this information. Be sure to use appropriate form. For online students, I suggest you use the Table function in Canvas.  

When appraising stressors, primary appraisal concerns what distinction?

You are a personality researcher at a major research university. You measure 500 individual’s conscientiousness at age 25. Twenty years later you measure the same 500 individual’s conscientiousness. Which of the following results would you most expect when looking at your data?

Stereotyping involves:

Of the areas marked in the diagram below, damage to the area labeled ______ is the one that is MOST likely to cause a language deficit?  

Jacob has a family history of coronary illness, and he knows he is at high risk for a heart attack. One day Jacob is walking down a street and begins having chest pains, shortness of breath, and dizziness. Jacob falls to the ground. What is likely to INCREASE the likelihood that a bystander will help Jacob?

You are a personality researcher at a major research university. You measure 500 individual’s conscientiousness at age 25. Twenty years later you measure the same 500 individual’s conscientiousness. Which of the following scales/questionnaires are you MOST likely to use to make your measurement?

According to class discussion, general patterns of public support for military force include all of the following EXCEPT:

Rebecca turned down a high paying job in an office with lots of people in favor of taking a lower paying job that allows her to work by herself at home. Whenever she is invited out to parties or to group dinners she almost always says no, preferring to stay in and read a book at home. Based upon the description above, what Big 5 personality dimension would Rebecca likely score LOW in:

Which of the following would be an example of normative social influence?