Question 8 1 points SAVE ANSWER On 1 June 2020, Bobby Ltd acquires 38% of...
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Question 8 1 points SAVE ANSWER On 1 June 2020, Bobby Ltd acquires 38% of equity interest in Manny Ltd. If Bobby Ltd and Manny Ltd transfer inventory to each other that results in an unrealised profit, Bobby Ltd's share of the Manny Ltd's profit will: a. not affected at all b. be affected only if the inventory transfer is made from Manny Ltd to Bobby Ltd c. not affected unless the inventory transfer is made from Bobby Ltd to Manny Ltd O d. be affected regardless of whether the inventory transfer is made from Manny Ltd to Bobby Ltd or vice versa
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