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  3. 1. a parent company sold goods to its wholly-owned

1. A parent company sold goods to its wholly-owned subsidiary for 3,750 representing cost plus...

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Accounting

1. A parent company sold goods to its wholly-owned subsidiary for 3,750 representing cost plus 25% mark-up. At the end of the year, one-third of the goods were still in inventory. How much was the unrealised profit in inventory?

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