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The FASB ASC Subtopic Variable Interest Entities affects thousands of business enterprises that now, as primary beneficiaries, consolidate entities that qualify as controlled VIEs. Company:

The FASB ASC Subtopic Variable Interest Entities affects thousands of business enterprises that now, as primary beneficiaries, consolidate entities that qualify as controlled VIEs.

Company: The Walt Disney Company

1. What are the reasons for consolidation of the their WIEs?

2. What effect of the consolidation of the WIEs on the financial statements?

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