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A clothing manufacturer (a VIE entity) has two equity holders.Profits and losses of the VIE are split according to ownershippercentage; therefore, Equity holder 1 receives
A clothing manufacturer (a VIE entity) has two equity holders.Profits and losses of the VIE are split according to ownershippercentage; therefore, Equity holder 1 receives 51 percent andEquity hold 2 answers
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Financial accounting
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
9th edition
978-0132751216, 132751127, 132751216, 978-0132751124
