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yulyashka [42]
3 years ago
10

When projecting the balance sheet, what happens when the initial balance sheet yields estimated total assets greater than the su

m of total liabilities and equity?
a. The company will need additional financing from external sources.
b. The company will not be able to pay for expenses in the future.
c. The company projected a loss.
d. The company has negative stockholders equity.
e. None of the above
Business
1 answer:
Furkat [3]3 years ago
3 0

Answer:

The correct answer is E

Explanation:

Assets is the one, which is any kind of resourced owned by the business and could be used in future for the benefit of the business. So, in this case, the balance sheet, states that the estimated total assets are more than the total equity and the liabilities, which represent that the company or the business is in good state that the liabilities of the company are paid off and the equity is also balanced, the company is still in good situations as have the total assets.

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In the cleveland custom cabinets case, the owner of the company thought it was all right to manipulate the financial statement n
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1 year ago
Look around your room or in your house and find five different objects and identify where they were made. In at least 100 words,
gizmo_the_mogwai [7]

Answer:

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2 years ago
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Answer:

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