Being a college student, you don't normally worry about your assets and equity until you've graduated and settled down. Reading the section regarding the balance sheet was interesting because I got to gain new knowledge on how liabilities all works. One part of the reading that was confusing to me was the type of liabilities and which were considered long or short term. Two questions I would ask the author is how is a loan considered a long term liability if there is some out there that you would have to pay after 6 months? Why is there no affect on the market value of the stock? Throughout my reading, I found no issues with the authors topics/explanation.
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