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Poppy Co. regularly purchased inventory from Sally Inc. in 20X3 when Poppy did not own any Sally stock. On March 31, 20X4, Poppy purchased 90%

Poppy Co. regularly purchased inventory from Sally Inc. in 20X3 when Poppy did not own any Sally stock. On March 31, 20X4, Poppy purchased 90% of Sally Inc.'s outstanding common stock Poppy should: no...

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