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equity - financial liability, why?

NNoah5y ago
sir why is equity considered as a financial liability for the issuing company if there is no real contractual obligation to pay any dividends or repay capital either?
P2-D2P2-D2Tutor5y ago#1
Hi, Equity is not considered as a financial liability. What is making you think that it is? Let me know and I can help explain. Thanks
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