So the total assets were 5 billion in assets.

I'll do that in yellow.

One of the viewers pointed out not incorrectly that one definition of return on asset so this whole video's going to be on return on asset that one definition of return on asset, and if you look it up on some of the finance sites or even some finance textbooks, they'll tell you it's net income over total assets.

And we have these 4 billion of CDOs.

The bank is going to be able to fulfill its promise.

And if this is worth 2.5 billion, then your total assets are what?

But I have an accounts receivable of 400, so my total assets now are 300 of assets, remember, accounts receivables aren't assets, because someone owes me something, someone owes me cash in the future.

Because remember, this piece right here only adds up to 140,000!

I don't want to draw this box.

So that one definition takes this and they divide by the total assets.

So its assets.

It should start to make a little bit of intuitive sense

Malibu Equity and Investments. Roger Van Zant.

So I'm also solvent.

What is the new book value of the shares?

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.

That assets, A for assets, is equal to

And the asset in particular we're going to focus on is this 4 billion in residential CDOs right here.

Or across the street from each other.

Malibu Equity and Investments.

Remember liabilities plus equities are equal to assets.

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

Gross national product is a nation's total output of goods and services as measured in monetary value.

And rich, eh?

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

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

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.

And if you are an investor, you're probably going to want to do the last of the three.

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

Gross National Product is not the same as Net National Product.

I won't use the square tool.

These are liabilities.

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

The Raider's a military asset.

So I'm going to give you a little equation, actually, just to take a little bit of a tangent.

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

liabilities plus equity.

These are my assets, and these are my liabilities.

I use 100 gold pieces.

little bit.

What are our assets now?

So I'll write that up here.

For example, if I haven't assigned any numbers here and

like a balance sheet.