Economic Bankruptcy.docx

Economic Bankruptcy.docx - Economic Bankruptcy...

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Economic Bankruptcy [email protected] Economic Bankruptcy: Name: Institution:
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Economic Bankruptcy This scenario entails an economic bankruptcy as there is an indication of an imbalanced transaction. Assets on a balance sheet entail the value owned by the company or that it should typically receive in the future, and these are measurable. The liabilities entail what is owed by the company, and this is inclusive of taxes, payables, salaries as well as debts. Equity showcases the retained earnings of the company as well as the capital that is contributed by the set shareholders. These are basically depicted by the formula:
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