The uniform stacking of layers of nacre below the surface of the shell also causes interference effects that contribute to the iridescent colors. The pearl derives its iridescence from the diffraction and interference of white light, caused by tiny overlapping platelets of calcium carbonate.
like assets many liabilities are intuitive however there may be some instances where a liability needs to be recorded although the company may not have perceived it as one an example of this would be a finance lease where there is no present obligation to pay the future lease payments
There are a multitude of financial ratios used by investors to gauge the health of a company. Some measure cash flow and profitability, while others are used to determine the health of a company's balance sheet. The equity-to-asset ratio is one of the latter measurements, and is used to assess a company's financial leverage. Of equity and assets The balance sheet gets its name because it is the balance between assets and liabilities plus equity. The asset side measures all the resources holding economic value that can be converted to cash. These could include, but are not limited to, real estate, equipment, inventory, raw materials, and cash.