The Following Information Relates to Questions 22 to 24

question 14

Multiple Choice

The following information relates to questions 22 to 24
Jacaranda Limited acquired a 75% ownership interest in Frangipani Limited on 30 June 2014. On the same day, Frangipani Limited acquired a 60% ownership interest in Gardener Limited. The following interentity transactions have taken place between the entities in the group during the years ended 30 June 2014 and 30 June 2015:
On 1 July 2013 Gardener sold an item of plant to Jacaranda for a profit of $25 000. The remaining useful life of the plant at the date of transfer was 2 years.
On 1 September 2013, Gardener paid a dividend of $100 000 from profits earned prior to 30 June 2013.
Jacaranda lent $500 000 to Gardener on 1 January 2014. Interest charged on the loan for the year ended 30 June 2014 was $20 000 and for the year ended 30 June 2015 was $40 000.
On 31 May 2014 Frangipani sold inventory to Gardener for $15 000. Profit earned on the sale was $1500. Gardener sold the inventory to external parties on 1 August 2014.
Details of profits earned by entities within the group for the years ended 30 June 2014 and 30 June 2015 are:
The tax rate is 30%.
-The NCI share of profit in Gardener for the year ended 30 June 2015 is:

• A) $19 250.00
• B) $24 062.50
• C) $33 500.00
• D) $46 062.50

Recognize the potential health risks and concerns associated with substance use and abuse.

Comprehend the societal and legal aspects influencing substance use and abuse.

Understand the psychological and social factors contributing to substance experimentation and addiction.

Recognize the importance of a supportive environment and therapeutic relationships in addiction recovery.

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Definitions:

Personal Competency

The range of one's abilities and skills that contribute to achieving high performance and success in personal or professional tasks.

Effectiveness

A measure of how well resources are used to achieve goals and objectives.

Absolute Advantage

The ability to produce a good using fewer inputs than another producer

Trade Decisions

The choices made by individuals or governments regarding the import and export of goods and services, influenced by factors like costs, demand, and trade policies.