Here’s a rule for companies with outstanding loans:
Berkonomics
APRIL 17, 2025
Here is one that is so important to the continued health of a growing company that it cannot be overstated. Its a bit complex for novices. But hang in there as I explain a bit about accounting classification of assets and liabilities. Differences between types of assets and liabilities First, lets be sure we know what is short in term and what is long in term.
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