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Allister owns 70% of Barone. Allister started selling inventory to Barone in 2021. A's sales to B are $100,000. A sells to B at the
Allister owns 70% of Barone. Allister started selling inventory to Barone in 2021. A's sales to B are $100,000. A sells to B at the same markup it uses for all its customers. Barone still holds $30,000 of this inventory at year end.
1) What is the total of Consolidated Cost of Goods Sold in 2021?. .
2) What is the total of Consolidated Sales Revenue in 2021?
3) What is the total of Consolidated Inventory in 2021?.
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