4 ms·
> Is this too hard to model? I suggest not? I'm sure I could put my mind to following those rules, but what's to be gained? If 'assets' and 'income' are oppos
by mrkeen 3y ago
> Is this too hard to model? I suggest not?
I'm sure I could put my mind to following those rules, but what's to be gained?
If 'assets' and 'income' are opposites, and 'income' and 'liabilities' are the same, then I'm just not going to bother. What if my income is paid in assets in the form of $1 bills? CR or DR?
And 'equity', Jesus is that a nebulous concept.
- FredPret 3y agoEquity is the most important of all - it’s simply what the business is worth to the owners if you sold everything