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..
On August 16, 1977, Ginger Alden found Elvis Presley, the King of Rock 'n' Roll, dead in his bathroom at Graceland Mansion. He was only 42. There was much speculation about how a man so youngâthough obviously ill -- could just suddenly die.