You may already be familiar with balance sheets—what they are used for and the type of information they provide. But do you know how to use them effectively in your company? A more thorough understanding of balance sheets can help you find opportunities to improve your business. In this course, you will explore more segments of the balance sheet. Additionally, you will examine working capital and the relationship of debt to equity.
Explain how working capital relates to the balance sheet.
Describe the function of long-term debt.
Explain the fixed assets (property, plant, and equipment) section of the balance sheet.
Explain how depreciation affects the balance sheet.
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