Balance Sheet: Equity (Financial Management for Music Retail)
Presenter: Alan Friedman
Published March 18, 2020
Know your equity. The simple definition of equity is the assets of your business, minus the liabilities. You can arrive at your equity and get a good gauge of how much has been invested in your business, plus the income that’s been earned and left in your business. Bankers and vendors note the equity as an important business metric. Learn the debt to equity ratio that lenders want to see.
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