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hule4 hule4
wrote...
Posts: 210
5 years ago
To be classified as retractable preferred shares, the cash repayment must either be contractually
required or at the option of the investor.
[True or False?]
Textbook 
Intermediate Accounting, Volume 2

Intermediate Accounting, Volume 2


Edition: 5th
Authors:
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wrote...
5 years ago
 TRUE

Chapter 14  Complex Debt and Equity Instruments
Beechy, Conrod & Farrell Intermediate Accounting Fifth Edition - Vol. 2
Copyright  2011 McGraw-Hill Ryerson Limited. Page 8
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