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.
Total Assets vs. Total Liabilities. A company's assets run the gamut from cash and merchandise to production equipment, customer receivables, intellectual property and computer gear. Total liabilities include bonds payable, commercial paper, salaries, taxes due and vendor payables. While total resources differ from total liabilities, both items interrelate in operating activities. A business typically borrows, raises equity or uses its own money to purchase assets. Another area of proximity lies in the fact that assets and liabilities both flow into a balance sheet.