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..
Robert Bobby Franks, 14, who was killed by Richard Loeb and Nathan Leopold Jr. on May 21, 1924. Eight of Robert Bobby Franks' friends from the Harvard private school he attended acted as pallbearers at the 14-year-old's funeral on May 25, 1924. Franks, the youngest son of millionaire Jacob Franks, was killed by Richard Loeb, 18, and Nathan Leopold Jr., 19, on May 21, 1924.