Please see attached “case 1” and read the case and answer two questions

1. Is JV a variable interest entity (VIE)?

2. Which entity, if any, should consolidate JV?

Please see second word attached which has FASB codification and use that to support the argument in the case. do not need to use for everything, just 3-4 references from the FASB code 810-10 which is attached in word document.

2 to 2 1/2 pages, double spaced. Times new roman.

Thank you

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