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3. Poppy Co. (Poppy) owns 30% of Seed Inc. (Seed). During the fiscal year, Seed Inc. sold Inventory TO Poppy Co. for $100,000 (sales value
3. Poppy Co. (Poppy) owns 30% of Seed Inc. (Seed). During the fiscal year, Seed Inc. sold Inventory TO Poppy Co. for $100,000 (sales value to Seed). Poppy Co. is still in possession of 60% of this inv...
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