So liabilities. Liabilities.

Let's say assets and I'll talk about margin requirements

The deal.

And then we have the debt, the debt of the company, or the

Let's think about its liabilities.

I owe the bank 750,000.

This is 120,000 in equity, market value of equity, he has another 105,000 in liabilites.

The agreement was...

Agreement?

This was equity.

The details of the agreement are set forth in the contract.

The details of the agreement are indicated in the contract.

Now, there are all kinds of things that we architects need to learn how to do,

liabilities as well.

It had 5 million of debt.

What are my liabilities?

That assets, A for assets, is equal to

Right, come in and we'll sign the papers.

Damn contracts.

Not according to the contract.

Yeah. I've got a contract!

What deal?

Or the other way to view it is, assets minus liabilities is equal to equity, right?

Minus 1.075 that was the max that I could borrow

Everything on the right hand side is equity, so this is all equity.

I still owe 750,000 to bank.

So my liabilities I owe the bank 750,000.

The data isn't gathered.

So, very quickly, when President Obama said,

Your contract's been canceled.

I want it in writing.

Katric Arks?

Those are the terms.

What kind of contracts?

Please take a look at the contract...

This is Ned Ryerson, my new insurance agent. I'll say.

Most times the liabilities are pretty easy to get a handle on.

I think I had called it Loan C.

I had 100 of cash, no accounts receiveables,

So the only liability is this 5,000.

Let me just make everything clear.

These are the assets that our five buddies have together.

So over here you had another liability.

So in this case, our assets are 250,000.

My assets are 250,000.