FIN 300 Strayer

"Financial Statements"Please respond to the following:

• According to the textbook, it is possible, under standard accounting rules, for a companys liabilities to exceed its assets. When this occurs, the owners equity is negative. Conclude whether or not this particular scenario could occur with market values of the assets and liabilities. Provide a rationale for your response.
• Predict two (2) major issues that could arise from financial statement analysis overall. Provide two (2) examples of the predicted issues.