Archive for May 9th, 2008
Are Cars Assets or Liabilties?
Friday, May 9th, 2008With all this discussion on gasoline, cars and ethanol, it brings up the question: Are Cars Assets or Liabilities? It can be argued that cars can be both assets and liabilities at the same time. Lets look at the many aspects to it:
Providing Transportation:
Whether for work or pleasure, a car is an asset. No matter […]