A "conservative" balance sheet would tend to overvalue liabilities.

Name: A "conservative" balance sheet would tend to overvalue liabilities.
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A conservative balance sheet takes a cautious approach, which means that it tends to overestimate liabilities and underestimate assets, resulting in a lower net worth. This approach is used to ensure that a company is not overstating its financial position, and is generally favored by investors who value stability and risk aversion.

A "Conservative" Balance Sheet Would Tend to Overvalue Liabilities