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Business, 13.02.2020 21:59 19King73

Investor owns 20% of Investee and applies the equity method. In 2020, Investee sells merchandise costing $100,000 to Investor for $150,000. Investor's ending inventory includes $30,000 purchased from Investee. What amount of unrealized gross must be deferred in the equity method entry?

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Investor owns 20% of Investee and applies the equity method. In 2020, Investee sells merchandise cos...
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