meaning of these words (1 Viewer)

[Arithela]

liability
equity

 

[cs01001]

Liabilities mean how much you owe someone, while Net Foreign Liabilities mean how much Australia owes to the world minus how much the world owes to Australia. On the other hand, equity means assets I guess?

Hope that helped

 

[Arithela]

hmmm... then what is debt if liabilities mean how much you owe someone?

 

[risole91]

they are more business studies words

but liabilities can be synonamos with debt and equity is an owners money poured into a business.

 

[BackCountrySnow]

um, not too sure if this is right but if it is hooray for me.

liabilities - debt owed overseas including the interest on it.

equity - payment of dividends to shareholders & purchase of land and other forms of securities...

hmmm....

 

[little-fongie]

Correct me if i'm wrong:

Net foreign liabilities = Net foreign debt + net foreign equity

Net foreign debt refers to all the things Aust owe foreigners minus what they owe Aust. Liabilities is broken into 2 categories: debt (such as loans) and equity (such as assests-shares).

Similarly, in business studies Total liabilities = total debt + owners equity

 

[cs01001]

Correct me if i'm wrong:

Net foreign liabilities = Net foreign debt + net foreign equity

Net foreign debt refers to all the things Aust owe foreigners minus what they owe Aust. Liabilities is broken into 2 categories: debt (such as loans) and equity (such as assests-shares).

Similarly, in business studies Total liabilities = total debt + owners equity

Oops, that's correct.

*Dies in shame *