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The parents year-end inventory includes 540,000 goods delivered from its subsidiary. The inventory has a cost of $432,000 to the subsidiary. The parent owns 60%
The parents year-end inventory includes 540,000 goods delivered from its subsidiary.
The inventory has a cost of $432,000 to the subsidiary.
The parent owns 60% ownership of the subsidiary.
What is the amount to be eliminated from inventory?
Select one:
a.
108,000.
b.
35,000.
c.
0.
d.
540,000.
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