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insolvent

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What is Adjusted Tangible Net worth?

totalasset less intangible assets and total outside liabilities ; also called net tangible assets. Intangible assets include nonmaterial benefits such as goodwill, patents, copyrights, and trademarks. total asset less intangible assets and total outside liabilities ; also called net tangible assets. Intangible assets include nonmaterial benefits such as goodwill, patents, copyrights, and trademarks.


What does total assets less net fixed assets equal?

Total assets less net fixed assets equals


What does total assets less net fixed assets equals?

Total assets less net fixed assets equals


Funds or property that have value in meeting debts are called what?

bankrupt The above is not just incorrect entirely, but makes less tha no sense: The funds and property that may be used to meet debts, (of a bankrupt or not) are called "assets".


What is current assets less current liabilities called?

Current assets minus current liabilities is called working capital and working capital is that free cash amount which is available for running day to day business functions.


When should investments be classified as current assets?

When company make investments for short term that is less then one year time then these investments called current assets but while investments are for long run then those called long term investments.


What is an explanation of net assets?

The net assets refers to total assets less the outside liabilities of a given company or individuals.


Is owners equity equal to the business liabilities less the business assets?

No. Owners Equity is equal to Business Assets less Business Liabilities.


What is the term given for total assets less total liabilities?

That would be your net assets or net worth.


Types of asset account?

There are two types of asset accounts Current Assets (assets expected to be used up or easily liquidated in one year or less) and Long-term assets, (including PP&E) assets that can not or are not expected to be used up or easily liquidated in less than a year.


What are the advantages and disadvantages of selling assets?

advantages of assets:- 1)old assets sales profits 2)that's not working old assets that's way sale 3)more profit and deprecation less disadvantages of assets 1)old is gold that's way loss 2) less profit and 3)selling the old loss of industries


What is legacy assets?

Legacy assets are those assets which are less productive (outdated) and in some cases least productive overtime, they are just on the brink of being a liability. When assets lose considerable value they are often termed as legacy assets. Literal meaning of the word legacy is outdated or obsolete.