Multiple Choice
Perry, Inc.owns a 90% interest in Brown Corp.During 2016, Brown sold $100,000 in merchandise to Perry at a 30% gross profit.Ten percent of the goods are unsold by Perry at year end.The non-controlling interest will receive what gross profit as a result of these sales?
A) $0
B) $2,700
C) $3,000
D) $27,000
Correct Answer:
Verified
Correct Answer:
Verified
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