Do you really think Equity is a way in which equality is achieved?
Express your views along with suitable reasons
Answers
Answer:
Defining Equity
Therefore, systems exist to be able to support individuals based on their specific needs. The goal of equity is to help achieve fairness in treatment and outcomes. It's a way in which equality is achieved.
Explanation:
In finance and accounting, equity is the value attributable to the owners of a business. The book value of equity is calculated as the difference between assets and liabilities on the company’s balance sheet, while the market value of equity is based on the current share price (if public) or a value that is determined by investors or valuation professionals. The account may also be called shareholders/owners/stockholders equity or net worth.
There are generally two types of equity value:
Book value
Market value