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Unformatted text preview: yable
Short-Term Notes Payable
Current portion of L.T. debt
TOTAL CURRENT LIAB.
LONG-TERM DEBT FIXED ASSETS
Plant (Facilities at cost)
TOTAL FIXED ASSETS
TOTAL SHAREHOLDER EQUITY
Capital in Excess of Par
TOTAL TOTAL ASSETS TOTAL LIBILITIES & EQUITY TOTAL LIABILITIES
TOTAL Limitations of the Balance Sheet
1. Does not reflect current value Cost basis for valuing/reporting assets & liabilities 1. Estimates must be used to determine level of
several Accounts receivable (collectibility)
Fixed assets (useful life) 1. Appreciation in asset values generally ignored
(although deprecation is accepted)
(although 1. Many items of financial value are ignored because
of difficulty in objective evaluation
of E.g., Human Resources Reinvestment Cycle
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This document was uploaded on 10/31/2013.
- Fall '13