How do unrealized intercompany inventory profits from a, Financial Management

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How do unrealized intercompany inventory profits from a

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? Why or why not?

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Financial Management: How do unrealized intercompany inventory profits from a

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Financial Management: How do unrealized intercompany inventory profits from a

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