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Please provide short answers or by saying YES / NO to the following questions: a) All inter-company sales, purchases, AR, AP and profits are eliminated

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Please provide short answers or by saying YES / NO to the following questions: a) All inter-company sales, purchases, AR, AP and profits are eliminated upon consolidation. b) The entity which has control need to consolidate the financials c) To have control over other business, 49% of the voting rights in the other business are sufficient d) What are the three sections under which cash flow statements are analyzed e) Goodwill can be categorized as a liability

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