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To: joseph burns who wrote (763)3/22/1998 10:20:00 PM
From: Andy H  Read Replies (2) | Respond to of 990
 
You are missing something. When an asset (such as NetEdge) is purchased for cash-cash goes down by the amount of purchase and other assets will be increased appropriately. Thus, total assets would be unchanged since one asset (cash) is being exchanged for another (such as Other Assets, A/R and Inventory). Here, note the "Other Assets" of 18MM, as well as the increased amount of Receivables and Inventory. This is where the NetEdge assets were booked.


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