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During the early stages of a company's existence, during the time it is beginning to establish itself as an important entity in the market, and accumulating wealth, the company's net worth may rise slowly. Companies should make it a plan of action to review and update its net worth annually (AnswerIndex, 2006)...
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Companies should make it a plan of action to review and update its net worth annually (AnswerIndex, 2006). The actual date of your review is not important; what is most important is that the company remembers to complete a yearly review of records, and undergo annual checkups. Companies should regularly reconcile bank and other financial statements as needed...
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