Hello everyone, I hope someone can help me:
Reading 21: Integration of Financial Statement Analysis Techniques EOC quesiton 16: Why would Assets have been higher? I thought the whole point of the SPV is to transform Receivables into Cash. So Assets are the same wether there is an SPV or not. With SPV created: Cash is higher Without SPV: Account Receivbale is higher. Total Asset is the same in both cases. Do you think this question is kinda weird? Thanks a lot