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Assets Worth What Balance Sheet Says?
Beginning of paper
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Hilda Lahti owner of the Custom-Made Products has gone through a huge change
in her business. Hilda noticed that one part of her business made more money than the
other, so therefore Hilda decided to base her whole business on that just side. In order to
run this business she needed a loan. She brought her balance sheet in, without changing
the ....
Middle of paper
.... pays $35,000 this will change the balance
sheet because it has an affect on be the cost of the equipment changing the amount of the
total assets. this is what an updated balance sheet would look like for her company...
Therefore I believe that the assets are not always worth what the balance sheet
says because a balance sheet always changes thus.... |
| Word count: 424 |
Page count: 2 |
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