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The profit or loss on an intercompany sale must be removed so the inventory is reported at a. the selling price of the inventory to

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The profit or loss on an intercompany sale must be removed so the inventory is reported at a. the selling price of the inventory to outside parties b. zero c. the original cost to the consolidated entity d. half of book value Income to controlling interest a. is always greater than consolidated net income. b. includes noncontrolling interest income c. is an intangible asset d. none of the above

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