Explain how a non-consolidated subsidiary can be a form of off-balance-sheet financing.
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Explain how a non-consolidated subsidiary can be a form of off-balance-sheet financing.
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Under GAAP a parent company does not have to consolidate a subsidiary company that is less than 50 ...View the full answer
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Related Book For
Intermediate Accounting
ISBN: 978-0470423684
13th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
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