A Subsidiary Entity Sold Inventory to a Parent Entity for $30

question 13

Multiple Choice

A subsidiary entity sold inventory to a parent entity for $30 000.The inventory had previously cost the subsidiary entity $24 000.By reporting date the parent entity had sold 75% of the inventory to a party outside the group.The company tax rate is 30%.The adjustment entry in the consolidation worksheet at reporting date is:

Identify symptoms and differentiate between delirium and dementia.

Understand the physiological and pathological changes associated with Alzheimer disease and other dementias.

Apply effective communication techniques with patients having delirium or dementia.

Implement safety measures for patients experiencing fluctuating levels of consciousness and perceptual alterations.

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Definitions:

Shortage

A situation where the demand for a product exceeds its supply at a specific price.

Quota Rent

The economic rent a producer earns from the difference between the market price of a good and its supply price due to a quota limit.

Equilibrium Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded.

Quota Price

The cost associated with acquiring a quota, which is a government-imposed limit on the quantity of a good that can be imported or exported.