Balance Sheet presentation Flashcards
1
Q
Current assets
A
Converted or consumed within 1 year
2
Q
Current liabilities
A
Due within 1 year
3
Q
LT assets or LT liabilities
A
All others “non-current”
4
Q
Valuation of PP&E/Intangibles
A
Historical cost and or depreciated/amortized historical cost
5
Q
Valuation of receivables
A
Net realizable value
6
Q
Valuation of inventory
A
Lower of cost or market
7
Q
Valuation of investments in marketable securities
A
Market value
8
Q
Valuation of liabilities
A
Present value
9
Q
Valuation of owners equity
A
Historical value of cash inflows / residual value
