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    Exam 5: Consolidated Financial Statements Intra-Entity Asset Transactions
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    Compute the Equity in Earnings of Gargiulo Reported on Posito's
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Compute the Equity in Earnings of Gargiulo Reported on Posito's

Question 49

Question 49

Multiple Choice

Compute the equity in earnings of Gargiulo reported on Posito's books for 2017.


A) $63,000.
B) $62,730.
C) $63,270.
D) $70,000.
E) $62,700.

Correct Answer:

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