For other people named Bob Ross, see Bob Ross (disambiguation) . Robert Norman Bob Ross (October 29, 1942 â July 4, 1995) was an American painter, art instructor, and television host.
net equity net assets and deficit equity are all terms that may arise on a company s balance sheet this is a document that is prepared periodically and is used for accounting purposes it is also prepared for the benefit of stockholders or any entity that has a financial interest in the company such as a creditor
A firm's total assets minus its total liabilities. Equivalently, it is share capital plus retained earnings minus treasury shares. Shareholders' equity represents the amount by which a company is financed through common and preferred shares.