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Post# of 749756
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Desperado90

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Desperado90

Re: JohnnyWinter post# 108607

Thursday, 10/15/2009 3:19:34 PM

Thursday, October 15, 2009 3:19:34 PM

Post# of 749756
Dude, shareholders own the company.

Total assets minus total liabilities of an individual or company. For a company, also called owner's equity or net worth or net assets.

Thats the definition of shareholder equity.

Creditors, noteholders and everybody else are part of the liability.

WAMUQ owns the company. The seniority in payment is different from ownership.

For Ye shall know the truth, and the truth shall set you free

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