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Brokenwood Ltd is a global Australian public company that is listed on the Australian and overseas Stock Exchanges. It is one of the largest mining and resource companies in the world. It employs over 50,000 staff, has billions of dollars in assets, several large bank loans and brings hundreds of millions of dollars in profit into Australia.
Required
Problem 1: Compute if the business outlined above is a Reporting Entity, stating the criteria (factors) used and your reasons. Also provide a conclusion.
Financial Statement Analysis and Preparation
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