Your business is worth much more than your financial statements say it is
Article Abstract:
Owners of businesses should adjust their companies' financial statements prior to making valuation decisions to determine their companies' true profitability and equity position. Adjusted earnings of companies jumped by an average of roughly 80%, while stockholder's equity increased around 40% from what the financials statements showed. Adjustments are important as owners are inclined to maintain low earnings in their companies' financial statements to elude, postpone or save taxes.
Publication Name: The Business Owner
Subject: Business, general
ISSN: 0190-4914
Year: 1997
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The balance sheet
Article Abstract:
The balance sheet that is required under Generally Accepted Accounting Principles, is commonly requested by creditors and regulatory agencies, and is very useful in internal/managerial purposes. The basic rules and methodology of preparing a good balance sheet are given.
Publication Name: The Business Owner
Subject: Business, general
ISSN: 0190-4914
Year: 2004
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The income statement
Article Abstract:
The income statement, which is one parts of the financial statement, is the company's record of revenue and expense over a period of time. A review is made of each section of the income statement and a few tips are given for organizing them effectively.
Publication Name: The Business Owner
Subject: Business, general
ISSN: 0190-4914
Year: 2004
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