Question
On the subject of off-balance accounting, they're legal and considered ethical. But what if the company forms a new corporation that builds a facility and
On the subject of off-balance accounting, they're legal and considered ethical. But what if the company forms a new corporation that builds a facility and then leases it back. I'm not sure how the new corporation formation effects the current company's stockholders so the question...from a legal and ethical standpoint and from the BOD and stockholders point of view, is forming a corporation to provide a leased facility good or bad?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
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