Question
Big owns 100% of Little. Big reports Sales on its books of $3,000, which includes $1000 of Sales to Little. Little reports third party sales
Big owns 100% of Little. Big reports Sales on its books of $3,000, which includes $1000 of Sales to Little. Little reports third party sales of $800 along with $200 of sales to Big. How much is Consolidated Sales ?
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Financial Accounting Reporting Analysis And Decision Making
Authors: Shirley Carlon, Rosina Mladenovic Mcalpine, Chrisann Palm, Lorena Mitrione, Ngaire Kirk, Lily Wong
5th Edition
0730313743, 978-0730313748
