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Financial Statements Paper

Financial Statements Paper

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Title: Financial Statements Paper

Essay Details:

Subject: Business

Author: Mary V

Date: February 5, 2017

Level: University

Grade: A

Length: 3 / 787

Essay text:

This usually means they can either be sold or used by the company to make products or provide services that can be sold. Assets include physical property, such as plants, trucks, equipment and inventory. Assets also include things that can't be touched but nonetheless exist and have value, such as trademarks and patents. Cash itself is an asset, as well as investments that a company makes. Liabilities are amounts of money that a company owes to others. This can include all kinds of obligations, such as money borrowed from a bank to launch a new product, rent for use of a building, money owed to suppliers for materials, payroll a company owes to its employees, environmental cleanup costs, or taxes owed to the government...

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