Slide 1 Module 7 Reporting and Analyzing Nonowner Financing Activities Slide 2 Accounting Equation: Another Look Slide 3 What is a Liability? “Probable future sacrifices…
CHAPTER 4 CHAPTER 4 CHAPTER 4 Long-Term Financial Planning and Growth I. DEFINITIONS PLANNING HORIZON a 1. The long-range time period, usually the next two to five years,…