Stark Company, a 90% Owned Subsidiary of Parker, Inc

question 114

Multiple Choice

Stark Company, a 90% owned subsidiary of Parker, Inc. sold land to Parker on May 1, 2012, for $80,000. The land originally cost Stark $85,000. Stark reported net income of $200,000, $180,000, and $220,000 for 2012, 2013, and 2014, respectively. Parker sold the land purchased from Stark in 2012 for $92,000 in 2014.
Compute the gain or loss on the intra-entity sale of land.

• A) $80,000 gain.
• B) $80,000 loss.
• C) $5,000 gain.
• D) $5,000 loss.
• E) $85,000 loss.

Understand the concept of legitimate power and its basis in social structures and organizational effectiveness.

Recognize the role of obedience and willingness in the effectiveness of legitimate power.

Identify the different strategies negotiators use and the nature of expert power.

Comprehend how personality and individual differences impact the acquisition and use of power.

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Definitions:

Gravity Infusion

A method of delivering fluids into the body using the force of gravity, typically through intravenous therapy.

Blood Administration

The process of transfusing blood or blood products into an individual's circulatory system.

Volume Control Burette Device

A medical device used to deliver a fixed volume of IV fluid at a predetermined rate, usually equipped with a chamber that can be filled with a precise volume of fluid.