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What realized profit in beginning inventory for nci is

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Suppose that there is no intercompany transaction between subsidiary and parent this year. Parent owns 90% of subsidiary and $5000 is the last year unrealized profit. Subsidiary reported 100,000 income.

Problem 1: Based on the information above, realized profit in beginning inventory for NCI is:

A) $100,000
B) $500
C) $3,750
D) $0

 

Reference no: EM132939923

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