1 Milling cutters may have from one to many teeth, with 2, 3 and 4 being most common. 2  Typically, the more teeth a cutter has, the more rapidly it can remove material. 3  So, a 4-tooth cutter can remove material at twice the rate of a 2-tooth cutter.
The Balance Sheet summarizes the financial transactions of a company from one moment in time to a next. All the transactions of the Income Statement will be summarized into the Balance Sheet. Profit, hence capital, is reported as Net Worth. Insolvency is when Liabilities are greater than Assets. An important measure of organization success is having a Fair Market Value many times larger than Net Worth.
Liabilities. The second portion of the balance sheet consists of the company's liabilities -- usually separated into current liabilities and long-term liabilities. Liabilities can be understood as the opposite of assets -- they represent obligations of the business.