Stated simply, a net asset is assets less liabilities. Net assets also are called funds. Instead of showing retained earnings or owner's equity, the non-profit financial statements show net assets. Businesses classify net assets in three categories: unrestricted, temporarily restricted and permanently restricted.
Darwin was named after naturalist Charles Darwin, because the harbour on which Darwin lies was found in 1839 by John Stokes, surveyor aboard the ship HMS Beagle - which was thâ¦e ship on which Charles Darwin sailed.
Francis Drake was knighted Sir Francis Drake on board the Golden Hind by Queen Elizabeth in 1581. Facts, Timeline & History about the voyage of the Golden Hind Ship of Sir Francis Drake. The name of the Sir Francis Drake's Ship was the Golden Hind. The brave men of the fifteenth and sixteenth centuries who sailed in uncharted waters to unknown lands were courageous adventurers, such as Francis Drake who were motivated by fame, glory and the wealth.