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(a) What are the most common reasons for a corporation to reduce its share capital? (2 marks) (b) What are the allowable methods of reducing

(a) What are the most common reasons for a corporation to reduce its share capital? (2 marks) (b) What are the allowable methods of reducing share capital? (2 marks) (c) Discuss the differences between a share buyback and a capital reduction. (2 marks) (d) What are the different types of debt instruments discussed in this unit? (1 mark)

When are profits realised in relation to inventory transfers within the group? (1 mark) (c) What are the rules for the elimination entry for intra-group transactions relating to dividends declared by the parent company and dividends declared by the subsidiary company? (1 mark)

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