The balance sheet shows total current assets of $350 million consisting of an owner's $100 million investment and a $250 million bank loan. There are no fixed assets, inventory, current liabilities, or long term liabilities. The company has $350 million in net assets with no listed equity.
The balance sheet shows total current assets of $350 million consisting of an owner's $100 million investment and a $250 million bank loan. There are no fixed assets, inventory, current liabilities, or long term liabilities. The company has $350 million in net assets with no listed equity.
The balance sheet shows total current assets of $350 million consisting of an owner's $100 million investment and a $250 million bank loan. There are no fixed assets, inventory, current liabilities, or long term liabilities. The company has $350 million in net assets with no listed equity.