InvestorsHub Logo
Followers 11
Posts 1581
Boards Moderated 0
Alias Born 03/01/2006

Re: abbam post# 7816

Monday, 05/01/2006 2:48:09 PM

Monday, May 01, 2006 2:48:09 PM

Post# of 115222
Like it was stated, balance sheets must balance, the accounting equation states that assets=liabilities and or owners/shareholders equity, therefore they have to both be the 4 billion, so its good, the idea is to look at where the right side is listed, seeing as though most of it is recievables its a good thing. Any other questions I can happily answer them, you arent reading it wrong, you just arent seeing it right :)

-R-money future CPA/CFA

All in my own Opinion, Not a Recommendation!!! But let's try to make some money!