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Information from balance sheet, importance of date

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What kind of information can be derived from the balance sheet?

Why is the date on the balance sheet important?

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The expert examines the information from balance sheet and the importance of data.

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A company's balance sheet reports three main categories of items:
<br>- Assets
<br>- Liabilities
<br>- Owner's Equity
<br>Assets can be divided into current and long-term assets. Current assets are those assets that the company expects to convert into cash, sell or consume during the next 12 months. Long-term assets ...

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