(Answered) Off-balance sheet financing activities creat potential

Accounting

Off-Balance sheet financing activities creat potential problems for financial statement users.

1. What is meant by off-balance sheet financing?

2. Do you think the pharmusotical company engages in off-balance sheet financing?What areas provide opportunity to do this?

3. Why would pharmusotical company want to engage in off-balance sheet financing?

4. What problems might off-balance sheet financing create for financial statement users?What would believers in market efficiency have to say about off-balance sheet financing activities?

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