Posts Tagged ‘cupcakes’

Net Worth is…

Friday, January 28th, 2011

Net worth is a way of describing the overall monetary value of a person or a company. You can calculate your net worth by subtracting the money you owe from the money you have.

To put it in business terms, let’s talk about assets and liabilities. Liabilities are monetary obligations like debts, fees, or loans. Assets represent everything a company owns, including cash, investment, properties, and equipment. So if you run a cupcake cart that has $5,000 in assets (including cash, cupcake supplies, and the cart itself), but you have to pay your grandmother back the $1,000 she lent you to get started, your cupcake cart’s net worth would be $4,000.


Grounded Jets, Space Jets(!), and Misleading Celebrity Tweeters… TILE Two-Liners 1.10.11 >> 1.14.11

Monday, January 10th, 2011

MONDAY

  • “Cupcake leader” Crumbs (a chain of bakery shops) was just sold for $66 million, proving that the American epidemic of childhood obesity *can* be profitable. (The Wall Street Journal)

TUESDAY

  • Radiohead just keeps on flipping the music industry script. They’re allowing a group of fans to sell a bootleg concert DVD made up of clips secretly shot by 14 different audience members. The catch? All profits have to go to Oxfam. The concert was, after all, a benefit for Haiti. (BBC News)

WEDNESDAY

  • Someday, someone will literally fly you to the moon and let you play among the stars. For a price, of course. (BBC News)

THURDSAY

  • Don’t believe everything your favorite celebrities tweet: They may be on an ad agency’s payroll. (Bloomberg)

FRIDAY

  • If you thought this winter’s snowstorms were annoying for your family, think about the airline industry, which lost over $100 million because of cancelled flights. (The Wall Street Journal)