Business, 05.10.2019 04:10, cbrewer37

Lemu co. and young co. are under the common management of ego co. ego can significantly influence the operating results of both lemu and young. while lemu had no transactions with ego during the year, young sold merchandise to ego under the same terms given to unrelated parties. in the notes to their respective financial statements, should lemu and young disclose their relationship with ego?

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Lemu co. and young co. are under the common management of ego co. ego can significantly influence th...