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financial acc 3. An investor sells inventory to an associate in which it has a 40% stake. The 19 cost of the inventory was RM1
financial acc
3. An investor sells inventory to an associate in which it has a 40% stake. The 19 cost of the inventory was RM1 million and it was sold for RM1.5 million. All of this goods remain unsold. How much profit should be disclosed in the group income statement? O(a) RM500,000.00 (b) RM300,000.00 (C) RM200,000.00 (d) none Step by Step Solution
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