Answered

At Westonci.ca, we make it easy for you to get the answers you need from a community of knowledgeable individuals. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

Meaning and example of Equity, full paragraph

Sagot :

nolibird
Equity is the ownership of any asset after any liabilities associated with the asset are cleared. For example, if you own a car worth $25,000, but you owe $10,000 on that vehicle, the car represents $15,000 equity. It is the value or interest of the most junior class of investors in assets.
melanin95
Equity is anything that is invested in the company by its owner or the sum of the total assets minus the sum of the total liabilities of the company. E.g., Common stock, additional paid-in capital, preferred stock, retained earnings and the accumulated other comprehensive income.
We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.