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Question 9 Not yet answered Marked out of 2 p Flag question Alpha bought all the ordinary shares in Beta on 1 January 20X3. The

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Question 9 Not yet answered Marked out of 2 p Flag question Alpha bought all the ordinary shares in Beta on 1 January 20X3. The income statements of the two companies for the year ending 31 December 20x3 included the following Alpha Beta 000 000 Turnover 4,650 2,865 Cost of sales 3,260 1.980 Alpha's turnover included sales to Beta of 600,000 at a price based on a mark-up of 33%% on cost. Beta's stock at 31 December 20x3 included 120,000 of goods bought from Alpha. Turnover and cost of sales disclosed in Alpha Group's consolidated income statement for the year ending 31 December 20x3 will be: Select one: Turnover Cost of sales Turnover 4,650 2,865 Cost of sales 3,260 1,980 Alpha's turnover included sales to Beta of 600,000 at a price based on a mark-up of 33% on cost. Beta's stock at 31 December 20x3 included 120,000 of goods bought from Alpha. Turnover and cost of sales disclosed in Alpha Group's consolidated income statement for the year ending 31 December 20x3 will be: Select one: a. Turnover Cost of sales 6,915,000 4,680,000 b. Turnover Cost of sales 6,915,000 4,670,000 O C. Turnover Cost of sales 6,915,000 65,270,000 O d. Turnover Cost of sales 7,515,000 4,640,000

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