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Balance sheet
One of the three essential measurement reports for the performance and health of a company, along with the Profit and Loss Account and the Cashflow Statement. The Balance sheet is a 'snapshot' in time of the assets and debts in the company, and represents the value of the company at that time.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Auto loans
- Company: Mercedes-Benz
- Product:
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