So its assets.

That assets, A for assets, is equal to

So I have 100 plus 300 plus 250 so it's 100.

Remember the shares are split of the owner's equities not the split of the assets

Malibu Equity and Investments.

We understand you're using the full allocation for this buy.

I don't want to draw this box.

And rich, eh?

I'll do that in yellow.

So in this situation, the company is worth what?

It should start to make a little bit of intuitive sense

Malibu Equity and Investments. Roger Van Zant.

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.

liabilities plus equity.

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

So what's our new balance sheet, after we've unloaded a

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.

So, if you're motivated, now you can go to the very best lectures.

'Cause my understanding is these hearings are gonna redistribute a lot of funding.

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.

Remember liabilities plus equities are equal to assets.

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

So I have 300, 400, 700, 1,000.

Let's stick with gold.

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

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?

The fortune was divided among the three brothers.

These are my assets, and these are my liabilities.

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

They make you pay more in withholding just to help their cash flow out.

Well, this is New York State, Art. You'll write her a check for half of everything.

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

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