What is the role of assets in financial statements such as the balance sheet? 7. How can assets be used as collateral for securing loans or financing? 8. How do businesses manage and protect their assets from loss, theft, or damage? 9. What are the factors to consider when deciding to buy, lease, or rent assets? 10. How can individuals or businesses calculate the return on their assets? 11. How do assets impact the financial health and stability of a company or individual? 12. What is the difference between fixed assets and current assets?