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Given that 1/3 of the N6000 stock held by a branch is purchased from outsiders. If ...

Given that 1/3 of the N6000 stock held by a branch is purchased from outsiders. If goods are invoiced to branch at 25% on cost, the provision for unrealized profit is?
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  • A N1000.00
  • B N333.33
  • C N666.66
  • D N800.00
Correct Answer: Option D
Explanation:

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