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Determining the networth of a business

A business is an organisation whose main aim is to make a profit. It has assets, liabilities and capital. An asset are the items owned by the business. A liability is what the business owes to outsiders. Capital is a special kind of liability because it is what the business owes the owner of the business. It is also known as owners equity. It is what the owner of the business has invested in the business from his personal property in terms of money or an asset. Total assets is equal to total liabilities plus capital. This is known as the bookkeeping equation or balance sheet equation.

TOPIC

A preview on the movie Maid in Manhattan

The main characters are a senator campaigning to be voted in Chris Marshall and a maid working in a hotel Merissa Ventura. The maid would wish one day to be a manager. The child meets with the senator in a lift at the hotel and goes to ask for permission from the mother who is invited to go for a walk with the senator. They have a good and fall in love. After discovery of a mistake she is sacked and they pat ways and she gets another job. They meet again and get married. Chris Marshall gets elected as senator and Merissa becomes a manager. Live happily thereafter.