Title: Discussion Board
Course: SLF 127 Fiscal Management for the Small Business-Updated > Section: SLF 127 Fiscal Management for the Small Business-Updated

1 + 1 = 3

The balance sheet shows assets, liabilities, and owners’ equity, but it really doesn’t do much to help business owners make decisions on a day to day basis.  Do you agree with this statement or not?  Please elaborate on why you think the balance sheet is important for every day decisions.