liabilities plus equity.

I use 100 gold pieces.

Yes, put that aside.

In return on equity, the numerator is the net income that we got, so it's 350,000.

Illiquidity is a different situation.

No matter how bad it was economically, he always got himself paid.

You'd have to give up 93 of your net worth.

These are my assets, and these are my liabilities.

And on the cash flow statement you express that saying

And why don't you like them as much?

And so liabilities plus equity is equal to assets.

let me give you that piece of terminology, it just means net asset value.

That assets, A for assets, is equal to

But we'll do a whole playlist on that.

We have a very, very steady business.

Let's figure out how much it would have to go up.

Frobisher's net worth is upward of two and a half billion dollars.

So they're simple building blocks.

And what is required is a combination of physical capital, institutional capital, human capital and security, of course, is critical, but so is information.

It should start to make a little bit of intuitive sense

And then on the equity side, because we have no liability, so in this case assets will be equal to equity.

The company was started with 100,000 in capital.

I still owe the almost 1.075 million.

So this is my liabilities.

In a world without leverage so if I didn't have all this

So this is just another visual representation that

less capital intensive that there's less money that's required

It doesn't sound like we borrowed money or anything.

Assets are always equal to liabilities plus equity.

As we say in America, bottoms up.

But let's say its assets are worth 1 million.

Capitalist country.

So I use it essentially just to build a big vault, right?

But I just wanted to make it clear that that's obviously the best way to generate capital for your business is when the business itself generates capital.

Wait! But we spent that 60,000, especially in year 1

I'll do that in yellow.

Let's figure it out. It's equity.

One, what shares are share of

You love your heroes.

liabilities plus equity is equal to assets.

And then the equity is, essentially we would look at this formula.

So, jobs, basic services, finally, clean government.

So she went out and looked at what data she could find.

Or this?

RBE Resource Based Economy A Resource Based Economy, is based on pure logic.