January 5, 2007, Newsletter Issue #147: Balance Sheet

Tip of the Week

The Balance Sheet is a statement of a company´s assets, liabilities, and capital at a specific period of time. Assets = Liabilities + Capital. The Balance Sheet is a "snapshot" of a company´s financial standing at one point in time. It is used to determine the financial status of a company, what the company´s present value is.

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