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  3. Study Set
    Advanced Accounting
  4. Exam
    Exam 6: Variable Interest Entities, Intra-Entity Debt, Consolidated Cash Flows, and Other Issues
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    Danbers Co
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Danbers Co

Question 59

Question 59

Essay

Danbers Co.owned seventy-five percent of the common stock of Renz Corp.How does the issuance of a five percent stock dividend by Renz affect Danbers and the consolidation process?

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A stock dividend would not inf...

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