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.
Your assets can be defined as everything you own that has monetary value. They may be liquid like a checking account or non-liquid like your home. If an asset is liquid, it simply means you donât have to sell it first to realize its monetary value. A few general examples of assets are: 1  The market value of your home.ou list and add up all your assets and all your liabilities. Then, you subtract your liabilities from your assets. Since determining your net worth is similar to taking a financial snapshot, you donât consider your annual income, but rather how much money you have âin the bankâ right now.