Dear Sirs,
I have a question regarding the total assets. Situation - a company has a balance sheet. It shows total assets of $100 and total liabilitiesof $40. How much the company worth in this case scenario? My logical assumption is $60. But the doubt is that the asset total is never equal to the current value of all assets,which means that $60 as a company worth could be wrong.
Could you clarify it for me?
Thank you
Abdrey
