Discuss whether Vietnam Ltd is a parent of Tonga Ltd.
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Vietnam Ltd holds convertible debt in Tonga Ltd that would on exercise give it 70 of Tonga Ltd However this would result in a substantial increase in Vietnam Ltds debtequity ratio raising doubts about ...View the full answer
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Related Book For
Applying International Financial Reporting Standards
ISBN: 978-0730302124
3rd edition
Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise
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