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Valeri asked you to prepare a balance sheet for her business

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To obtain financing for her hair salon, Valeri asked you to prepare a balance sheet for her business. When she sees it, she is disappointed that the assets exclude a value for her list of loyal customers. What can you tell her to explain why this asset has been excluded? Knowing this, what should she tell her banker when they meet next week?

Reference no: EM13880385

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