a
To Prepare:
Introduction:
The physical assets that have inherent value are called as real assets which include precious metals, lands, commodities and natural resources.
Total assets can be defined by the total amount of assets owned by an organization. These assets are represented in terms of economical value.
B
To calculate: Real assets to total assets ratio is to be determined by preparing balance sheet when Lanni spends $70,000.
Introduction: The physical assets are called as real assets which include precious metals, lands, commodities and natural resources.
Total assets can be defined by the total amount of owned asset which is owned by individual or any person. These assets are represented in terms of economical value.
C
To calculate: Real assets to total assets ratio is to be determined by preparing balance sheet when Lanni accepts the payments of share.
Introduction: The physical assets are called as real assets which include precious metals, lands, commodities and natural resources.
Total assets can be defined by the total amount of owned asset which is owned by individual or any person. These assets are represented in terms of economical value.
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