Prior to the Scramble for Africa, or the official partition of Africa by the major European nations, African econolnies were advancing in every area, particularly in the area of trade. The ainl of colonialisln is to exploit the physical, human, and econol11ic resources of an area to benefit the colonizing nation.
Net tangible assets represents the amount of physical assets minus the liabilities present in a business. The calculation takes the difference between the fair market value of tangible assets (cash, accounts receivable, inventory, capital assets, etc) less the fair market value of all liabilities (accounts payable, debt, etc). Net tangible assets exclude intangibles such as goodwill. Divestopedia explains Net Tangible Assets.
Loading the player... Net cash is a company's total cash minus total liabilities when discussing financial statements. Net cash is commonly used in evaluating a company's cash flow, and can refer to the amount of cash remaining after a transaction has been completed once all charges and deductions related to the transaction have been subtracted.