Tag Archives: credit line

What is the impact of Toshiba’s credit line on its financial statements?

In 2015, Toshiba Corp. (TOSBF) announced that it had overstated profits by nearly $2 billion over a six year period. It has since announced that it could lay off up to 10,000 workers. In addition, Toshiba is selling its television manufacturing plant in Indonesia to raise cash. These events have all been part of the […]

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