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QUESTION
for 20x8, pete reported intercompany cost of sales of $800,000 (markup is 20% of transfer price ) to sampras, which reported $300,000 of intercompany...
for 20x8, pete reported intercompany cost of sales of $800,000 (markup is 20% of transfer price ) to sampras, which reported $300,000 of intercompany acquired inventory at 12/31/x8. the unrealized profit at 12/31/x8 is
