A retail merchant buys wholesale and sells retail.

That assets, A for assets, is equal to

But we'll do a whole playlist on that.

Because it is actually a long term play.

Retailers are down 20 .

For Principal Fuentes, PS 24's modest investment in the programs has paid big dividends.

They won't sell clay. Can't build models without it.

His assets were auctioned off

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.

Ancillary would be number 2 referred revenue.

The new model will retail for 30,000 yen.

liabilities plus equity.

And maybe I should do a whole video on what sell side means, but since I said the word I'll tell you right now.

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.

His novel sold well.

And next thing to think about is can I up sell the product.

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

To get some future benefit.

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.

Capitalist country.

You see, he has established the largest retail chain, called Big Bazaar.

Its capital city is Lucknow, known as The City of Nawabs.

I sold a book.

I sold the books.

You can get someone to invest in the firm.

I'll do that in yellow.

He won fame by the novel.

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.

I use 100 gold pieces.

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

And most of Africa's farmers are, by and large, small farmers in terms of land that they operate, and very, very small farmers in terms of the capital they have at their disposal.

Your direct sales people can actually be the one talking to the consumers directly or they could be the ones selling to system integrators,

They were sold as photocopy books in Comic Market 67. We had no problem selling all of them, so we had bound copies made.

This book sold well in Japan.

liabilities.

Flour is sold by the pound.

The typical Walmart today offers you 100,000 products.