stockholders equity is higher than total liabilities but the stockholders equity has "()" indicating it is negative. why is that?

Question

Right column of balance sheet

full view of balance sheet.

score 2 · Answer 1 · answered Jun 02 '20 at 22:52

2

Look at the assets. The total assets are negative too (due to losses in "invesdtments in affiliates"). Since equity is assets - liabilities, it makes sense that equity is negative.

answered Jun 02 '20 at 22:52

D Stanley

145,656
20
333
404

stockholders equity is higher than total liabilities but the stockholders equity has "()" indicating it is negative. why is that?

1 Answers1