Business, 17.01.2020 19:31 roxygreeneyes

How do unrealized intercompany inventory profits from a prior period affect the computation of consolidated net income when the inventory is resold in the current period? is it important to know if the sale was upstream or downstream from a financial and economic perspective to the parent? why?

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How do unrealized intercompany inventory profits from a prior period affect the computation of conso...

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