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On March 31, 2013 a parent received $20,000 in inventory for cash from its subsidiary. The subsidiary made a profit of $5,000 on the sale. At year end, the parent had sold $15,000 of this inventory to third parties for $28,000. The closing balance of this inventory is $5,000. What is the combined adjustment to sales and cost of sales before tax?
Female Athlete Triad
A condition often found in physically active women, characterized by low energy availability, menstrual dysfunction, and low bone density.
Bulimia Nervosa
An eating disorder marked by episodes of binge eating followed by purging, to prevent weight gain.
Dystrophy
A group of disorders that involve muscle weakness and loss of muscle mass due to genetic or biochemical abnormalities.
Panic Disorder
A psychiatric disorder characterized by unexpected and repeated episodes of intense fear accompanied by physical symptoms that may include chest pain, heart palpitations, shortness of breath, dizziness, or abdominal distress.
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