So instead of carrying a letter of credit on a balance sheet, a creditor will securitize it and sell it on the open market. |
The deal helped Sotheby's repair its balance sheet, which had been dented badly by the fines and settlements after its price-fixing case. |
They have their own payroll, their own receivables, their own general ledger, and their own balance sheet. |
If the balance sheet comes out ahead enough to indicate a decent profit, the comic or in broader terms the company is healthy. |
Its own balance sheet has a substantial number of companies which are described as being held for resale. |
Its balance sheet is burdened by long-term debt and preferred stock that must be redeemed. |