A balance sheet is one of the most essential tools in your arsenal offinancial reports. It’s used to state a business’s assets, liabilities, and shareholder’s equity at a given point in time, offering a snapshot of everything your business owns and owes and telling you the business’s...
which are based on par value rather than market price. Shareholder equity is not directly related to a company'smarket capitalization. The latter is based on the current price of a stock, while paid-in capital is the sum of the equity ...