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Pouch Corporation acquired an 80% interest in Shenley Corporation on January 1, 2014, when the book values of Shenley's assets and liabilities were equal to their fair values. The cost of the 80% interest was equal to 80% of the book value of Shenley's net assets. During 2014, Pouch sold merchandise that cost $70,000 to Shenley for $86,000. On December 31, 2014, three-fourths of the merchandise acquired from Pouch remained in Shenley's inventory. Separate incomes (investment income not included) of the two companies are as follows:
-The consolidated income statement for Pouch Corporation and subsidiary for the year ended December 31,2014 will show consolidated cost of sales of
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Issues or considerations related to the adequacy, quality, and safety of food and nutrient intake.
Older Adults
Individuals typically aged 65 years and older, often experiencing unique health and social challenges.
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Cultural Competence
The ability of individuals and organizations to effectively interact, work, and communicate with people from different cultural backgrounds.
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