How to Read a Balance Sheet
https://youtube.com/watch?v=70jyVPIH6Oo%3Frel%3D0 How to Read a Balance Sheet The first thing that’s important to know is how a balance sheet works. A balance sheet, by definition, must balance out. The formula is assets must equal liabilities plus shareholder equity. In our example, this $24 billion number must equal total liabilities plus total stockholder equity. Also note that …