(a) What is the measure of net debt? (b) Why is it a useful indicator of a...
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(b) Why is it a useful indicator of a government's financial position?
(c) When a public sector entity does not have net debt, how is the equivalent measure described and what use is it to the users of financial statements?
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a Net debt is the remainder when the entitys financial assets are deducted from ...View the full answer
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