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Indirect and Mutual Holdings: To Accompany Advanced Accounting, 11th Edition by Beams, Anthony, Bettinghaus, and Smith
Indirect and Mutual Holdings: To Accompany Advanced Accounting, 11th Edition by Beams, Anthony, Bettinghaus, and Smith
Indirect and Mutual Holdings: To Accompany Advanced Accounting, 11th Edition by Beams, Anthony, Bettinghaus, and Smith
to accompany
Advanced Accounting, 11th edition
by Beams, Anthony, Bettinghaus, and Smith
1: INDIRECT HOLDINGS
Parent Parent
2: MUTUAL HOLDINGS
Connecting affiliates
Parent mutually owned mutually owned
Parent Parent
80% 20%
80% 10%
20%
Subsidiary A Subsidiary A Subsidiary B
40%
Parent owns 80% of A and the Parent owns 80% of A and
consolidated entity holds 10% 20% of B. Subsidiary A has
of the Parent’s common stock 40% of B and Subsidiary B
in treasury has 20% of A. Simultaneous
equations will be used.