After reading this article, would you still show respect for the big corporations in America? |
http://twistyfaster.type
QUOTES:
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Is there a trade publication for pickle makers? ? |
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Do you avoid going to Wal-Mart after dark? |
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Why we strike two lines at the corner of (bank)check's? |
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How to determine selling price of a business? |
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Why would a company want to sell shares on the stock market? |
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Why is it that top class hotel chains e.g. Hilton are not as good quality when located outside capital cities? |
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Do You Agree With Goodwill Prices? |
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What is your opinion of internet web businesses? |
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Can a professional tell me if talktalk can escape from the liability by giving a special terms and condition? |
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How can I register a limited company? |
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Email address for Christopher Nassetta, Hilton Hotels CEO |
Hi guys
I'm trying to find an email address for Christopher Nassetta, CEO of Hilton Hotels Corporation. ... |
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The suit was over the method in which RIM investigated past stock option grants. Who did RIM settle with? |
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I have an idea for a large coffee chain like Starbucks or Coffee Bean. How can I pitch the idea to them? |
Additional Details How can I contact somebody?
Who should I contact?
Should I talk to a store owner or someone higher up?... |
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I have a 2 hour interview with Bank of America. Can anyone help me prepare? |
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General Mail Question.? |
Hey ya'll
I live in Florida and am expecting a very important letter from someone in New Jersey. This letter is going through regular mail, not anything special, just basic mail. ... |
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questionhere | Can someone explain this basic accounting principle to me? |
Here is the accounting principle:
Assets = Liabilities+ Stockholders' Equity
Please explain this briefly in simple terms. |
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T agent
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Liabilites are what you owe, your stockholders equity is what you earn or have monetary credit with so you add your equity and liabilites to find out what your assets or your worth is. |
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Raja Idris R
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Basically, what you are asking is the function of the Balance Sheet.
Whereby, Total Assets must equal Total Liabilities + Shareholder's Funds (Equity).
Shareholders' Funds are considered a liability to the company because the company "owes" the shareholders the equity (capital) that they put into the business.
For information, Equity is not only capital or shareholdings, it also includes Profit. So profit is also a liability to the company, since the company "owes" the profit to the shareholders.
The distinction between the shareholders and the company must be made very clearly, as they are 2 distinct legal entities. |
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john
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In simple terms - if you sold all of your assets and paid off all of your bills, what's left over is your equity. |
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longhairchic
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Assets = Liabilities+ Stockholders' Equity
Assets are anything that you or the company owns that has any value. This would include money, equipment, land, accounts receivable, vehicles, etc.
Liabilities include things that you or the company is responsible for or owe out. For example, this would include accounts payable, expenses, etc.
Owner's equity is the owner's right to the assets after the total liabilities are deducted. Owner's equity includes things like capital (the initial investment into the business).
This is known as the accounting equation. These three parts will make a balance sheet. You might see it as "Assets = Liabilities+ Stockholders' Equity" or "Assets - Liabilities = Stockholders' Equity". It accomplishes the same purpose.
If this doesn't help, let me know if there is something specifically I can clarify. If you are taking your first accounting class, I can tell you that this will become perfectly clear very soon for you because just about everything revolves around this equation. |
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Flaca II
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THE FUNDAMENTAL ACCOUNTING EQUATION
Assets = Liabilities + Owners' Equity
ASSETS: Assets are the economic resources of the entity, and include such items as cash, accounts receivable (amounts owed to a firm by its customers), inventories, land, buildings, equipment, and even intangible assets like patents and other legal rights and claims.
LIABILITIES: Liabilities are amounts owed to others relating to loans, extensions of credit, and other obligations arising in the course of business.
OWNERS' EQUITY: Owners' equity is the owner's "interest" in the business. It is sometimes called net assets, because it is equivalent to assets minus liabilities for a particular business. |
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lins
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plus...dont worry about a thing |
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