A Subsidiary Entity Sold Inventory to Its Parent Entity at a Profit

question 25

Multiple Choice

A subsidiary entity sold inventory to its parent entity at a profit of $8 000.The goods had originally cost the subsidiary $20 000.At the end of the year all the inventory was still on hand.The adjustment entry to deal with this transaction on consolidation would include the following line item:

• A)CR Cost of sales $28 000
• B)CR Cost of sales $20 000
• C)CR Cost of sales $12 000
• D)CR Cost of sales $8 000.

Understand the ecological impact of invasive species like zebra mussels in North America.

Learn the principles and challenges of biological control as a pest management strategy.

Grasp the concepts of r-strategist and K-strategist species and their reproductive strategies.

Define and differentiate between ecological terms such as dispersion pattern, geographic range, metapopulation, population, and carrying capacity.

---

Definitions:

Value Proposition

A value proposition is a business or marketing statement that summarizes why a consumer should buy a product or use a service, highlighting the unique benefits offered.

Unmet Customer Needs

Customer requirements or desires that are not adequately addressed by current products or services.

Customized Products

Goods and services that are tailored or personalized to meet the specific needs or preferences of individual customers or user groups.

Psychographic Segmentation

A marketing strategy that divides the market based on consumer personality traits, lifestyles, interests, attitudes, or values to better target marketing messages.