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v 04.19% of Sub Corp. During the year, Par sold inventory to Sub for $142.967. Exactly 53.59% of this inventory remained in Y's warehouse at
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04.19% of Sub Corp. During the year, Par sold inventory to Sub for $142.967. Exactly 53.59% of this inventory remained in Y's warehouse at year end. Sub sold inventory to Par for $71,492 of which 45.23% remained in Xs warehouse at your end. Both companies are subject to a tax rate of 32.19%. The gross profit percentage on sales is 20% for both companies. What is the after-tax dollar value of Par's realized profits during the year on its sales to Sub? a. $8,549 b. $8,774 OC. $8,099 d. $8,324 e. $8,999 Step by Step Solution
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