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Balance Sheet-What's the point?
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Fetv
Posted 12/24/2024 12:24 (#11024120 - in reply to #11023955)
Subject: RE: Balance Sheet-What's the point?


Indiana
I think it makes sense to keep a historical balance sheet and a fair market value balance to evaluate different metrics like u say, If someone asks for my net worth the historical would be irrelevant in a lot of cases with land inflation we have experienced. Historical we be a very good indicator of how much equity increased or decreased from annual operations. I would want to know if I was funding operations with equity..not sustainable long term.
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