Business, 03.02.2020 23:42 angeladominguezgarci

When an intercompany inventory profit resulting from a sale by a less than 100% owned subsidiary to its parent is eliminated, the full amount (100%) of the decrease in profit is deducted from consolidated net income available to the parent shareholders.

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When an intercompany inventory profit resulting from a sale by a less than 100% owned subsidiary to...

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