A balance sheet summarizes current and fixed assets together.
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Q5: James invested $800 into his gourmet hamburger
Q6: If James's company has a profit margin,
Q7: An accurate overall cash position provides a
Q8: Cash is the "king" in a small
Q9: Pro forma is a term describing estimates
Q11: Fixed assets include machinery and office equipment.
Q12: Current liabilities could be mortgage payables and
Q13: Long-term liabilities could be notes payable and
Q14: Sensitivity analysis is an examination of the
Q15: According to the book, new small businesses
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