What's more, China Corp. in China B will have $ 100 more in assets than its counterpart in China A, and this will be matched on the other
side of the balance sheet by $ 100 more in retained earnings.
Not exact matches
The parties had been aiming to reach an agreement
by the third week
of October, but the review is taking a long time, particularly on the T - Mobile
side of the table as deal teams comb through Sprint's off -
balance sheet entities.
Two decades
of «miracle» levels
of investment - driven growth, the role
of the financial sector in that growth, and the unrealistic expectations that Chinese businesses, banks, and government entities had consequently developed, reinforced
by sell -
side cheerleaders, made it obvious that the interlocking
balance sheets that make up the Chinese economy had added what was effectively a highly «speculative» structure onto the way economic entities financed their operations.
This is the treaty gap approach to funds management, carried out
by matching maturities on opposite
sides of the
balance sheet in a given reporting period.
Low interest rates helped fuel the real estate and stock market bubble
by making the debt
side of the
balance sheet less expensive, creating a «wealth effect» as people came to believe that rising property and stock - market prices would be able to pay off their obligations.
On the other
side of the household
balance sheet, the debt
of the household sector has continued to grow rapidly, increasing
by 14 1/2 per cent over the year to March.
The run was on wholesale money - that is, on repo and on unsecured commercial paper that had been issued in the hundreds
of billions
by financial institutions loaded down with securitized toxic garbage, including a lot
of in - process inventory, on the asset
side of their
balance sheets.
To summarize, neither the insurance float, nor the float represented
by deferred taxes on the liability
side of Berkshire's
balance sheet are worth their book values.