Homework Help: accounting

Posted by Anonymous on Friday, August 15, 2008 at 3:17pm.

I do know what information is found in each of these groupings on a classified balance sheet: current assets, long-term investments, property, plant,equipment and intangible assets. I need to know if anyone can tell me how that data could indicate the future success or, failure of a business.

accounting - drwls, Saturday, August 16, 2008 at 3:13am
That information alone cannot tell anything about financial success of a company, past or present.

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