Use the Following Information for Questions 15 & 16

question 14

Multiple Choice

Use the following information for Questions 15 & 16:
P Company regularly sells merchandise to its 80%-owned subsidiary, S Corporation.In 2013, P sold merchandise that cost $240,000 to S for $300,000.Half of this merchandise remained in S's December 31, 2013 inventory.During 2014, P sold merchandise that cost $375,000 to S for $468,000.Forty percent of this merchandise inventory remained in S's December 31, 2014 inventory.Selected income statement information for the two affiliates for the year 2014 is as follows:
-Consolidated cost of goods sold for P Company and Subsidiary for 2014 are:

• A)$2,260,500.
• B)$2,268,000.
• C)$2,276,700.
• D)$2,737,500.

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Definitions:

Physical Abilities

The bodily capabilities and functions that allow for physical tasks and activities, such as strength, flexibility, and endurance.

Presentation Accessibility

The practice of making presentations easy to understand and engage with for people of all abilities, including those with disabilities.

Presentation Occurrence

The event or instance where one or more presentations are made to an audience.

Audience Attention

Audience attention refers to the level of focus or interest an audience has in a presentation, performance, or piece of content.