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Lauridsen Esbensen's Blog – April 2022 Archive (1)

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The Way To Read A Balance Sheet

For accounting purposes, the concept of fairness includes an owner’s stake in a company, after deducting all liabilities. Here’s a better take a look at what counts as fairness in accounting, and how it’s calculated. A present ratio of 2.00, which means there are $2.00 in present assets available for each $1.00 of short-term debt, is usually thought-about acceptable. Similar to the Income Statement, Acme manufacturing’s Balance sheet could be assessed by way of a wide range of ratios and…

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Added by Lauridsen Esbensen on April 29, 2022 at 1:30am — No Comments

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