Inventory and payroll
John Hasler
john@dhh.gt.org
11 Sep 2000 21:54:00 -0500
Phillip Shelton writes:
> What, (in your opinion John) is the number that is the result of
> multiplying the number of shares and the share price.
The purchase price? An approximation of the cost of the purchase.
> And, (again, persumable) one buys shares to increase ones equtity. Are
> shares considered part of assets?
Of course.
> Is the unrealised value of any stock (be it shares, engines, pens or
> ... ) part of ones worth?
One normally carries securities on one's books at cost (There are
situations that require that an asset be "written down", but they are
exceptions).
--
John Hasler
john@dhh.gt.org (John Hasler)
Dancing Horse Hill
Elmwood, WI