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As Secretary of Ouse Ltd write a memorandum for the Board explaining the differences between raising finance:

(a) by an issue of shares;

(b) by an issue of unsecured loan stock;

(c) by an issue of debentures secured by a floating charge over the company's asets; and

(d) by an issue of preference shares.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91644451

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