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.
Definition of 'Liquid Asset'. Definition: An asset is said to be liquid if it is easy to sell or convert into cash without any loss in its value. By definition, bank notes and checking accounts are the most liquid assets. Description: A liquid asset allows any individual or a company to access cash at any time they want.