Assets Worth What Balance Sheet Says?

Part I of Essay
? Hilda Lahti owner of the Custom-Made Products has gone through a huge change in her business. Hilda noticed that one part of her business made more money than the other, so therefore Hilda decided to base her whole business on that just side. In order to run this business ....

Part II of Essay
.... since the company is now only focusing on one line so therefore it will make a better profit and it is already proven to be better than the competition. By fixing the balance sheet it will also have a better chance of approval, the assets should be up to date and include a headings that tells the owners capital this way the banker can see what the annual income is of the business. A buyer is found for the machinery that pays $35,000 this will change the balance sheet because it has an affect on be the cost of the equipment changing the am ....