Would failure to eliminate unrealized profit in inventories at December 31, 2016, have any effect on consolidated net income in 2017? 2018? Under what circumstances would the direction of intercompany...

Would failure to eliminate unrealized profit in inventories at December 31, 2016, have any effect on consolidated net income in 2017? 2018? Under what circumstances would the direction of intercompany inventory transactions not affect the allocation of unrealized profit?