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MissTica
3 years ago
13

Polychromasia Company sold inventory costing $30,000 to its subsidiary, Simply Colorful, for double its cost in 2009. Polychroma

sia owns 80% of Simply Colorful. Simply resold $50,000 of this inventory for $60,000 to outsiders in 2009. How much unrealized profit exists at the end of the year?
a) $20,000
b) $8,000
c) $10,000
d) $5,000
Business
1 answer:
Norma-Jean [14]3 years ago
6 0

Answer:

D.

Explanation:

30000 x 2 = 60000

60000 - 50000 = 10000

10000/2

= 5000

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<h3>What are coordinates and how to determine coordinates?</h3>
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We have:

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The coordinates of point M is then calculated using:

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