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Can anyone tell me in the true meaning of the following?
FIXED ASSETS / TANGIBLE ASSETS
CURRENT ASSETS/ DEBTORS
CREDITORS / AMOUNTS FALLING DUE
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CAPITAL RESERVES
CALLED UP SHARE CAPITAL

2007-02-04 09:22:49 · 3 answers · asked by gsc1ugs 2 in Business & Finance Taxes United Kingdom

3 answers

You need to do your own research - there are many specialist Financial web sites (eg. FT, MotleyFool, MoneyWeek) and books (eg. Amazon, anything by Jim Slater) that can help here.

2007-02-06 19:56:46 · answer #1 · answered by Steve B 7 · 0 0

There are books on this, and I'm sure you will find lots of information on the internet.

Basically, the total assets less current liabilities will equal (should) the capital reserves and the called up share capital. This equation means that what money has been put into the company, plus any profit or losses since the company started, equals the assets less liabilities. (a statement of the obvious)

The earlier items just break down assets and liabities into more specific components.

2007-02-04 17:36:36 · answer #2 · answered by James 6 · 0 0

No time to explain all - go look at wikipedia.

2007-02-04 17:33:22 · answer #3 · answered by marcoporres 4 · 0 0

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