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Which of the amounts is shown as the consolidated inventory

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A group of entities comprised of Ke Limited (parent entity), Geo Limited (subsidiary entity) and Em Limited (subsidiary entity) have the following inventory balances. - Ke Limited $41 000 - Geo Limited $14 000 - Em Limited $12 000

Problem 1: Which of the following amounts is shown as the consolidated inventory balance in the consolidated financial statements?

A. $12 000

B. $14 000

C. $26 000

D. $67 000

Reference no: EM132940147

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