ps PM Adoption of Project... nancial Accounting $349 000 Question 5 Complete Marked out of 1.00 Flag question Companies Q, V and S are all part of the one economic entity, but are all separate legal entities required to prepare their own financial statements. Company Q sold Company V inventory that cost $65 000 for $83 000. At the end of the same period Company V has three-quarters of that inventory still on hand and the rest has been sold to an entity outside the economic group. At what amount should the inventory remaining in Company V be recorded in the consolidated statements? $62 250 $48 750 $16 250 $20 750 Question 6 Complete Which of the following statements is not correct? Marked out of