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An investor sells inventory to its investee, at a profit. At year end, the investee has not disposed of this inventory. How should the investor
An investor sells inventory to its investee, at a profit. At year end, the investee has not disposed of this inventory. How should the investor account for the gross profit from this intra-entity inventory sale? Multiple choice question. Recognize the entire intra-entity gross profit. Recognize the investor's proportionate ownership share of the intra-entity gross profit. Defer the investor's proportionate ownership share of the intra-entity gross profit. Defer the entire intra-entity gross profit
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