![Business](/tpl/images/cats/ekonomika.png)
Bauerly co. owned 70% of the voting common stock of devin co. during 2017, devin made frequent sales of inventory to bauerly. there was deferred intra-entity gross profit of $40,000 in the beginning inventory and $25,000 of intra-entity gross profit at the end of the year. devin reported net income of $137,000 for 2017. bauerly decided to use the equity method to account for the investment. assuming there are no excess amortizations associated with the consolidation, and no other intra-entity asset transfers, what is the net income attributable to the noncontrolling interest for 2017?
![answer](/tpl/images/cats/otvet.png)
Answers: 2
Similar questions
![Предмет](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 27.06.2019 16:30, mepuppy5000
Answers: 1
![Предмет](/tpl/images/cats/ekonomika.png)
Business, 03.08.2019 02:30, colemason223
Answers: 2
![Предмет](/tpl/images/cats/ekonomika.png)
Business, 21.08.2019 21:30, smmailloux4966
Answers: 1
Do you know the correct answer?
Bauerly co. owned 70% of the voting common stock of devin co. during 2017, devin made frequen...
Questions in other subjects:
![Konu](/tpl/images/cats/biologiya.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 29.07.2019 05:00
![Konu](/tpl/images/cats/geografiya.png)
Geography, 29.07.2019 05:00
![Konu](/tpl/images/cats/geografiya.png)
![Konu](/tpl/images/cats/istoriya.png)
![Konu](/tpl/images/cats/geografiya.png)
Geography, 29.07.2019 05:00
![Konu](/tpl/images/cats/informatica.png)
![Konu](/tpl/images/cats/geografiya.png)
![Konu](/tpl/images/cats/en.png)
English, 29.07.2019 05:00