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Equity is a term used to describe the value of ownership. It can refer to the entire organization or to a specific item. A company will list its total equity on its balance sheet and adown the value of retained earnings and its inventory. Once this amount is calculated, the company can subtract its liabilities and calculate its equity. If the business is doing well, it can increase its equity by using a personal guarantee. But it can also lose its value if its owner defaults on his loan.
Equality is a word that has many definitions or different meaning used in various event Regardless of its name. equity recognizes individual differences and needs and promotes fairness and justice. However, it must be understood that equity is not the same as equality.
While equality is a good idea, it can lead to a widening of inequities in communities. This is because not all groups need the same opportunities and resources. Inequity recognizes individual differences and needs and provides a balance between the two. This is different from equality, which gives the same resources to everyone regardless of their background or financial status. It also makes room for intangible assets such as stock.
Equality is a word that has many definitions or different meaning used in various event Regardless of its name. equity recognizes individual differences and needs and promotes fairness and justice. However, it must be understood that equity is not the same as equality.
While equality is a good idea, it can lead to a widening of inequities in communities. This is because not all groups need the same opportunities and resources. Inequity recognizes individual differences and needs and provides a balance between the two. This is different from equality, which gives the same resources to everyone regardless of their background or financial status. It also makes room for intangible assets such as stock.