Explain the designations upstream sales and downstream sales. Of what significance are these designations in computing parent

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Explain the designations upstream sales and downstream sales. Of what significance are these designations in computing parent and consolidated net income?

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Advanced Accounting

ISBN: 9780132568968

11th Edition

Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith

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Question Posted: Oct 17, 2011 05:03 AM

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Explain the designations upstream sales and downstream sales. Of what significance are these designations in computing parent

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Upstream sales are sales from subsidiary to parent Dow...View the full answer

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