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Business, 14.04.2020 23:14 chynahbug5676

"Perez Inc., applies the equity method for its 25 percent investment in senior, Inc. during 2015, Perez sold goods with a 40 percent gross profit to senior. senior sold all of these goods in 2015. how should Perez report the effect of the intra-equity sale on its 2015 income statement

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