Apple Inc Owns a 90% Interest in Banana Company

question 8

Multiple Choice

Apple Inc. owns a 90% interest in Banana Company. Banana Company, in turn, owns a 80% interest in Carrot Company. During 20X4, Carrot Company sold $50,000 of merchandise to Apple Inc. at a gross profit of 20%. Of this merchandise, $10,000 was still unsold by Apple Inc. at year end. The adjustment to the controlling interest in consolidated net income for 20X4 is ____.

• A)$560
• B)$1,440
• C)$1,600
• D)$1,800

Identify the significance of comprehensive discharge planning for patients with complex needs.

Describe the benefits of standardized care plans and unit standards of care.

Articulate the rationale behind setting both short-term and long-term goals in patient care.

Utilize technology effectively in creating and managing care plans.

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Definitions:

Salespeople

Individuals who sell products or services to customers, often working on commission and focusing on meeting customer needs and closing sales.

Missionary Salespeople

Sales representatives who generate sales by promoting the firm and encouraging demand for its products.

Order-Takers

Sales personnel whose primary role is to facilitate transactions by taking orders from customers rather than actively seeking new sales.

Order-Getters

Sales personnel whose primary responsibilities are to generate customer interest, make sales, and establish and maintain relationships with new and existing customers.