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Is the issuance of Bonus Shares effect the debt equity ratio?

Accounting Equity Research Finance Sector Financials account
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Question added by Asad Ahmed , Manager Finance & Company Secretary , Connect Communications Pvt. Ltd.
Date Posted: 2015/05/18
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Sara Naeem
by Sara Naeem , Trainee Finance officer , Wah Brass Mill

It does not affect the debt equity issue ratio...it's just an increase in the number of shares issued..Thank you

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