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
Shareholdersâ Equity. The statement of shareholdersâ equity is especially important to equity investors because it shows the changes in various equity components, including retained earnings, during a period. The amount of shareholdersâ equity is a companyâs total assets minus its total liabilities, representing the companyâs net worth.