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What are the total sales reported in the consolidated profit

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Question - Brad Ltd owns 75% of Jolie Ltd. During the year ended 30 June 20x1 Brad Ltd reported total sales of $10,000,000 and Jolie Ltd reported total sales of $15,000,000. $2,000,000 of Brad Ltd's sales were sales to Jolie Ltd. Jolie has sold all the assets from these sales from Brad Ltd to external parties during this year. What are the total sales reported in the consolidated profit or loss account for this year?

Reference no: EM133051432

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