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    Understanding Net Worth

    Don Hofstrand (December, 2009)
    Summary

    A net worth statement or balance sheet is designed to provide you with a picture of the financial soundness of your business at a specific point in time. Net worth statements are often prepared at the beginning and ending of the accounting period (i.e. January 1), but can be done at any time.

  • Details

    Organization
    Iowa State University Extension
    Publisher
    Iowa State University
    Published
    December, 2009
    Material Type
    Written Material