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    Exam 6: Variable Interest Entities, Intra-Entity Debt, Consolidated Cash Flows, and Other Issues
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    When Ryan's New Percent Ownership Is Rounded to a Whole
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When Ryan's New Percent Ownership Is Rounded to a Whole

Question 70

Question 70

Multiple Choice

When Ryan's new percent ownership is rounded to a whole number, what adjustment is needed for Ryan's investment in Chase account?


A) $16,000 decrease.
B) $60,000 decrease.
C) $46,000 increase.
D) $46,000 decrease.
E) No adjustment is necessary.

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