Understanding Financial Statements - Balance Sheet

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Financial Statements
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Overview: The balance sheet shows investors the value of the company's assets, liabilities (debt) and owner's equity. It is called a balance sheet because total assets will always equal or balance to liabilities plus owners equity. The balance sheet shows investors the net asset (book value) of the firm. It also helps investors and owners understand how the company is financing operations whether through debt or income.

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Format: HTML | Date: Jan 2009 | Pages: 5

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