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Redeemable preference shares should be classified (from the issuing company's point of view) as:

1. An equity instrument2. A financial asset3. A financial liability4. A compound financial instrument

Team Management Financial Management
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Question added by Deleted user
Date Posted: 2013/08/28
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Alex Sinos

it's 3. 

 

Don't listen to the other comment, how could issuing a share ever be considered an asset, that's borderline r....

Aramya S. Babu
by Aramya S. Babu , Sr finance officer , ALMA GYAN GENERAL CONSULTANCY LTD

2.A financial Asset

Because it can be taken back and reissued at a low rate

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