Think through all the assets you own. What would you say is your approximate “net worth” if you were a business? Calculate this as a simple financial statement, with items (or categories) listed along with their approximate value; the list should contain at least four items or categories. (As a reminder, this is absolutely separate from any evaluation of a person’s worth in the ways that matter most in life!)
Think through all the assets you own. What would you say is your approximate “net worth” if you were a business? Calculate this as a simple financial statement, with items (or categories) listed along with their approximate value; the list should contain at least four items or categories. (As a reminder, this is absolutely separate from any evaluation of a person’s worth in the ways that matter most in life!)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Think through all the assets you own. What would you say is your approximate “net worth” if you were a business? Calculate this as a simple financial statement, with items (or categories) listed along with their approximate value; the list should contain at least four items or categories. (As a reminder, this is absolutely separate from any evaluation of a person’s worth in the ways that matter most in life!)
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