Consolidated inventory balance is composed of the book values of the parent’s and the subsidiary’s inventory __________. a.plus/minus the effects of the difference between book value and fair value of the subsidiary’s inventory balance on the date of acquisition that remains unsold as of yearend, minus the unrealized profit on ending inventory, plus the realized profit on beginning inventory b.plus/minus the effects of the difference between book value and fair value of the subsidiary’s inventory balance on the date of acquisition that remains unsold as of yearend, and minus the unrealized profit on ending inventory c.plus/minus the effects of the difference between book value and fair value of the subsidiary’s inventory balance on the date of acquisition that remains unsold as of yearend d.and nothing else
Consolidated inventory balance is composed of the book values of the parent’s
and the subsidiary’s inventory
__________.
a.plus/minus the effects of the difference between book value and fair value of the
subsidiary’s inventory balance on the date of acquisition that remains unsold as of yearend, minus the unrealized profit on ending inventory, plus the realized profit on beginning
inventory
b.plus/minus the effects of the difference between book value and fair value of the
subsidiary’s inventory balance on the date of acquisition that remains unsold as of yearend, and minus the unrealized profit on ending inventory
c.plus/minus the effects of the difference between book value and fair value of the
subsidiary’s inventory balance on the date of acquisition that remains unsold as of yearend
d.and nothing else
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