3 ms·
I think you're confusing market capitalization and (accounting) equity here. What the stock price does does not directly affect the balance sheet (where you see
by c7b 4y ago
I think you're confusing market capitalization and (accounting) equity here. What the stock price does does not directly affect the balance sheet (where you see the equity).
- complex_exp 4y agoI'm not confusing (the market cap and the book value), but rather simplifying things on purpose.