Business, 07.09.2019 05:21 reaperqueen21

Prince owns 30% of watkins and applies the equity method. during the current year, prince buys inventory costing $72,000 and sells it to watkins for $120,000. at the end of the year, watkins still holds 70,000 of the inventory. what amount of unrealized gross profit must prince defer?

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Prince owns 30% of watkins and applies the equity method. during the current year, prince buys inven...

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