ADM corrects intersegment sales figures
Source: FoodBusinessNews
CHICAGO — ADM said it has identified and corrected certain intersegment sales that were not recorded at amounts approximating market value as part of an ongoing investigation of its accounting practices.The company said it made the corrections in certain intersegment sales that occurred between the Nutrition reporting segment and the Ag Services and Oilseeds and Carbohydrate Solutions reporting segments.The…
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