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Ruby Ltd acquired 1 0 0 % of the shares of Tyson Ltd . During the financial year ended 3 0 June 2 0 2
Ruby Ltd acquired of the shares of Tyson Ltd During the financial year ended June Ruby sold inventory to Tyson for $ The inventory had cost Ruby Ltd $ By June, of the inventory had been sold outside the group. Assume a tax rate of The aftertax profit to be eliminated on consolidation on the sale of inventory would be round answer to whole number
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