Van Hoepen, M. A.; Lambrechts, I. J.; Mostert, F. J. - In: South African Journal of Business Management 20 (1989) 3, pp. 163-167
The application of a gearing adjustment in inflation accounting has always resulted in the problem of determining a financing sequence. A decision has to be taken whether certain categories of assets are financed with equity and/or loan capital. Financial theory of the last few decades quite...
