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Fractal Software Limited has acquired a 100% subsidiary in Malaysia that produces keyboards and other types of computer hardware.Fractal is refusing to consolidate its financial statements,as this would increase the debt to equity ratio to the point that Fractal would violate its debt agreement,although it would benefit the current ratio with a sizeable increase in inventory.Instead,Fractal would like to record the investment in the Malaysian subsidiary at cost.What type of effect does the non-consolidation have upon the financial statements?
Business Buyers
Organizations or individuals that purchase goods or services for commercial use, production, or resale, rather than for personal consumption.
Promotional Element
Components of a marketing strategy which aim to increase awareness, availability, and sales of a product, often including advertising, sales promotion, and public relations activities.
Personal Selling
A sales method involving direct, face-to-face interaction between a salesperson and a potential customer, tailored to the customer's needs and preferences.
Introduction Stage
The phase in a product life cycle where a new product is launched into the market and marketing efforts are made to inform consumers of its existence.
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