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If equity is negative, does equity exceed assets or debt?

2006-06-17 12:04:55 · 2 answers · asked by carlin 1 in Business & Finance ➔ Other - Business & Finance

2 answers

Equity is the sum total. If it is negative, your debt exceeds your assets.

2006-06-17 12:09:30 · answer #1 · answered by browneyedgirl 6 · 2⤊ 1⤋

no equity does not exceed assets or debt

2006-06-17 19:42:40 · answer #2 · answered by eliclyman 1 · 0⤊ 0⤋

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