Question: How do you determined what item is operating and what is financial items on a balance sheet. Please see balance sheet below: Assets: Cash &
How do you determined what item is operating and what is financial items on a balance sheet. Please see balance sheet below:
Assets:
Cash & Cash Equivalent
Restricted Cash
Notes Receivable
Inventory
Prepaid Expenses
Total Current Assets
Investments & Advances
Net Property, Plant & Equipment
Other Assets
Total Assets
Liabilities & Owners' Equity:
Account Payable & Accrued Liabilities
Current Portion of Long Term debt
Taxes Payable
Total Current Liabilities
Long Term Debt
Post Retirement Benefit Obligations
Accrued Liabilities
Deferred Taxes
Other Long Term Liabilities
Total Shareholders' Equity
Total Liabilities & Owners Equity
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