What is an upstream sale what company may have unrealized, Accounting Basics

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What is an upstream sale what company may have unrealized

Question: What is an upstream sale? What company may have unrealized profits on its books in an upstream Sale?

What is a downstream sale? What company might have unrealized profits on its books in a downstream Sale?

Explain when are profits on intercompany sales considered to be realized.

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Accounting Basics: What is an upstream sale what company may have unrealized

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Accounting Basics: What is an upstream sale what company may have unrealized

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