Roslynn Ltd

question 28

Multiple Choice

Roslynn Ltd. is a subsidiary of Goodale Co. Roslynn sold a machine to Goodale for a $50,000 gain. Goodale has now sold the machine to an unrelated party for a $20,000 gain. At the time of the sale, $35,000 of the profit on the sale from Roslynn was still unrealized. For consolidation purposes, what is the amount of gain that must be recognized on the sale of the machine?

• A)$15,000
• B)$20,000
• C)$30,000
• D)$55,000

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Definitions:

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The process by which a business identifies, evaluates, and selects candidates for employment opportunities within the organization.

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