Business, 18.07.2020 22:01 tdahna0403

Pluto Company owns 80 percent of the common stock of Star Corporation. During the year, Pluto reported sales of $1,000,000, and Star reported sales of $500,000, including sales to Pluto of $80,000. The amount of sales that should be reported in the consolidated income statement for the year is:

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Pluto Company owns 80 percent of the common stock of Star Corporation. During the year, Pluto report...