It's really old, and it's tired.

I have no data yet.

That assets, A for assets, is equal to

But we'll do a whole playlist on that.

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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.

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They were Augments.

like any corporation, and they have to, the liabilities, plus the equity has to match up to the assets.

liabilities plus equity.

It describes it right over here the change in equity, sometime the change in retained earnings, or just change in equity, that is going to be the 200 in net income that the company got over that time period.

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.

Like its agriculture,

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

Capitalist country.

Secondly, are we limited by the policy that we choose?

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Let's say that we end up lucky.

I'll do that in yellow.

They were Augments.

My private security detail... the best money could buy.

The 350pound test monofilament.

Beefing up the old home security, huh?

We need reinforcements, sir.

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

One, what shares are share of

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liabilities plus equity is equal to assets.

I use 100 gold pieces.

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

It really is strong

And here is an example of one of her analyses

liabilities.

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

like an equation, but it's assets is equal to liabilities plus equity.

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