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PST311L - All Questions and Answers (Shaun)-1-1 (1)-1 (1).pdf
- Answers • 35 pages • 2019
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Acquiring assets
Yes, I agree, various steps should be considered in the establishment of a
business. Assets are investments that will earn money over time.
Anything that you buy that rises in value can be considered an asset.
That said, assets most commonly refer to financial investments in
stocks, bonds, or commodities. Each asset has its own risks and
potential. It is often a good idea to buy different types of assets to
maximize your investment.
When assets are recorded on the balance sheet ...
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