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Why shouldn't companies currently recognize profits on sales of assets between companies under common control? Can you think of any reasons companies might want to
Why shouldn't companies currently recognize profits on sales of assets between companies under common control? Can you think of any reasons companies might want to consider such profits for certain purposes, even if they can't be reported as part of consolidated earnings? (Don't be fooled by the wording of the previous sentence, it is not intended to be answered with a simple "yes" or "no".) Comment on a classmates' posts that you find interesting. Engage in discussion as appropriate.
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