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Parent own 90% of subsidiary parent sales include 15,000 intercompany sales to its subsidiary. The sale includes a profit of 6,250. 40% of goods from

Parent own 90% of subsidiary parent sales include 15,000 intercompany sales to its subsidiary. The sale includes a profit of 6,250.

40% of goods from intercompany sales was not sold

thus, the cost of sales is

Select one:

a. $ 6250

b. $ 8750

c. $ 15,000

d. $ 10,000


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