So its assets.

That assets, A for assets, is equal to

I don't want to draw this box.

And rich, eh?

Malibu Equity and Investments.

I'll do that in yellow.

The assets are generating this.

Obviously , a machine you can't do all of those things to it, but you can at least touch it and possibly smell and taste it.

And what I wrote here is, it has 4 billion of liabilities.

He is a man of wealth.

He's a wealthy man.

Or across the street from each other.

So the total assets were 5 billion in assets.

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

It should start to make a little bit of intuitive sense

Malibu Equity and Investments. Roger Van Zant.

Each share in this case once again, if you believe that the assets are worth 1 million are going to be 1 million.

liabilities plus equity.

All of the assets needed to start the firm, the pizzeria.

Or they just have a super flush bank account.

Remember, every time it'd issue a loan, like for right here, it issued a 100 gold piece equivalent loan to D and instead of giving D 100 gold pieces from, say, right here, it just created a checking account for D, which later D paid to A and that's why it's labeled A right here. Let me relabel another thing because the gold is a different color just so you see the gold.

But let's just kind of think about a generic balance sheet for a bank.

So 225,000

I guess you could say non cash assets, right?

Are you a man of means?

Remember liabilities plus equities are equal to assets.

And what happens in bankruptcy?

I know this gets a little confusing, but it all ends up being valuing the assets as you emerge from bankruptcy.

And if you look at the species level, you saw about fish.

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

So this is just another visual representation that

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

So that's the situation we're dealing with.

I won't use the square tool.

We had a 10 return on assets.

And why don't you like them as much?

And it's worth 100 gold.

These are liabilities.

That might be true to some degree.

Phuong, I'm not a rich man but I do have assets.

The Raider's a military asset.

These are my assets, and these are my liabilities.

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

I learnt many things here.

Mass production?