http://www.neuropolis.org/doug-toys/
What is the equity of a toy shop that Tim owns (sole proprietor) and?
what is the Equity of a computer service firm (which is owned by Doug and Jill)?
thanks alot for your help =]
In a sole proprietor shop there is no equity as there are no shares. the entire risk is taken by the proprietor. the money invested by the proprietor becomes owners contribution.
in the secon case “Computer service firm owned by Doug and Jill”, i assume that it is a partnership firm and the risk and amount inested by both the partners are equal (assuming a 50:50 partnership). there is no equity in both the cases.
Melissa and Doug Toys by BlueMoonToyStore.com
