It is comprised of the following three elements: 1  Assets: Something a business owns or controls (e.g. cash, inventory, plant and machinery, etc) 2  Liabilities: Something a business owes to someone (e.g. creditors, bank loans, etc) 3  Equity: What the business owes to its owners.
On December 26, 2002, Ritts died of complications from pneumonia at the age of 50. According to Ritts' publicist, Herb was HIV-positive, but this particular pneumonia was not PCP (pneumocystis pneumonia), a common opportunistic infection of AIDS. But at the end of the day, his immune system was compromised..
How Did Houdini Die Really? Houdini died on Halloween, 1926 from peritonitis caused by a ruptured appendix. For years, it has been assumed that a blow to his abdomen from an overzealous college student killed him. Houdini was known for his tremendous physical condition, and could withstand blows to the abdomen by tensing his muscles.