Enterprises are paid to create wealth!

Enterprise Business Company 3D Words Firm Venture
© Photographer: Iqoncept | Agency: Dreamstime.com

“Enterprises are paid to create wealth, not to control costs. But that obvious fact is not reflected in traditional measurements. First-year accounting students are taught that the balance sheet portrays the liquidation value of the enterprise and provides creditors with worst-case information. But enterprises are not normally run to be liquidated. They have to be managed as going concerns, that is wealth creation!”

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