Is my total assets supposed to be my value of inventory?
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BITEME165
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Is my total assets supposed to be my value of inventory?

 
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Fern
New Member

Is my total assets supposed to be my value of inventory?

Inventory is part of total assets. Other assets that would be included in total assets include, cash, investments, fixed assets and equipment.

An asset, for this purpose, is anything of value that is used in the production of income.
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