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Pellinore Co. sells partially-depreciated Equipment to their 80%-owned sub, Sagramore Inc. at a profit. From a consolidated point of view, this profit is considered to
Pellinore Co. sells partially-depreciated Equipment to their 80%-owned sub, Sagramore Inc. at a profit. From a consolidated point of view, this profit is considered to be
Select one:
a.unrealized but recognized
b.realized and unrecognizable
c.confirmed but un recognized
d.unconfirmed and unrecognized
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