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ElGranCabeza said:
NYANKS said:
I know it's Wikipedia, but it states that sony's total assets as of 2009 are worth 230 billion dollars. Total equity is 50 billion, and net income was -1 billion last year. I find this topic intersting because I know so little regarding this.

Yeah so what does that all mean? Assets mean they own the stuff right? Net income means profit correct? Equity means what?

assets means what they own includes cash and tangible assets

net income is profit after production and other expenses.Its not pure profit.there is more to be deucted as taxes.PAT(profit after tax) is pure profit.

equity is the total value of all the shares of the company.

 

equity are not assets as people buy equity when company is profiting which will earn them profit and sell them.Equity is almost like betting and predicting stuff