At the time of acquisition, ABC's 2006 net income will increase by: $$\begin{array} { | r | r | r | }
\hline & \text { Pooling-of-Interest } & \text { Purchase } \
\hline \text { A) } & \$ 0 & \$ 0 \
\hline \text { B) } & \$ 2 \mathrm { M } & \$ 0 \
\hline \text { C) } & \$ 1.6 \mathrm { M } & \$ 1.4 \mathrm { M } \
\hline \text { D) } & \$ 2 \mathrm { M } & \$ 2 \mathrm { M } \
\hline
\end{array}$$

Question

At the time of acquisition, ABC's 2006 net income will increase by: $$\begin{array} { | r | r | r | } 
\hline & \text { Pooling-of-Interest } & \text { Purchase } \
\hline \text { A) } & \$ 0 & \$ 0 \
\hline \text { B) } & \$ 2 \mathrm { M } & \$ 0 \
\hline \text { C) } & \$ 1.6 \mathrm { M } & \$ 1.4 \mathrm { M } \
\hline \text { D) } & \$ 2 \mathrm { M } & \$ 2 \mathrm { M } \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of At the time of acquisition, ABC's 2006 net income will increase by: $$\begin{array} { | r | r | r | } 
\hline & \text { Pooling-of-Interest } & \text { Purchase } \
\hline \text { A) } & \$ 0 & \$ 0 \
\hline \text { B) } & \$ 2 \mathrm { M } & \$ 0 \
\hline \text { C) } & \$ 1.6 \mathrm { M } & \$ 1.4 \mathrm { M } \
\hline \text { D) } & \$ 2 \mathrm { M } & \$ 2 \mathrm { M } \
\hline
\end{array}$$

At the Time of Acquisition, ABC's 2006 Net Income Will