replace the ski resort with a money printer. That money printer has value, given it can print money. You can also assign a dollar amount to how valuable that m

replace the ski resort with a money printer. That money printer has value, given it can print money. You can also assign a dollar amount to how valuable that money printer is. So you can justifiably stick it on your balance sheet since this is a way you're making money. There's a whole thing in accounting about assigning dollar values to things you own, here it's no different. I would argue that you shouldn't really assign potential revenue from the ski resort, but depending on your circumstances it _could_ make sense. Accounting is a bit arbitrary in the end, since there are multiple logical ways of representing things. In most cases it's impossible to claim that one way of thinking is wrong... at worst you can claim that it doesn't match accepted practice.