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McGraw Hill Education
Basics of finance volume 2
Jay expands his financial enlightenment. The profit and loss account (as described in The basics of finance I: are we making a profit) tells him a lot, but only the balance sheet will reveal to him the overall "financial health" of his company. Jay's friend takes him through the balance sheet explaining the key terms: fixed/current assets, current/long-term liabilities, creditors & debtors. She also shows him how to extract some basic financial...
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