Examples of liabilities include loans, tax obligations, and accounts payable. An asset is something of value that you own or that's owed to you. The loan would be an asset if you lent money to ...

Your car is an asset and so is your house because you could sell either one and receive its value in cash. Additional examples of assets include your bank accounts, 401(k) and other retirement and ...

Liquid assets are assets that are easily and simply converted to cash. Examples of liquid assets include cash, bonds, and CDs. Assets that lack liquidity require time or effort to trade or sell ...

The sum of $40 million that was paid over and above $80 million (the value of the assets minus the liabilities) is the worth of goodwill and is recorded in the books as such. Look at this example ...

Subtrusts. There are a variety of trusts available to transfer your assets in the manner you choose. For example, subtrusts can be created to cover the care of a disabled child, a family member ...

What is Return on Assets (ROA)? Not all profit means the same thing. If a kid's lemonade stand generates $1,000 in profit in one day, for example, that's likely a more impressive use of resources ...