LaTonia Williamson wk 3 dq

LaTonia Williamson wk 3 dq - exercisable or convertible...

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The potential voting rights is “when a company owns a sufficient amount of another company’s stock to have significant influence – usually at least 20% but less than 50% (not enough to effectively control the other company” (Jeter & Chaney, 2010). Under the U.S. GAAP, potential voting rights either on
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Unformatted text preview: exercisable or convertible instruments are not explicitly considered” which is a contrast to international financial reporting standard....
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This note was uploaded on 07/31/2011 for the course ACCT 401 taught by Professor Bennett during the Spring '08 term at Strayer.

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