Letter N is not
your popular ‘A’ or ‘Z’ letters of the 26 English alphabets.
However, it has some popularity (or value
if you like) in the finance world – both at personal and corporate levels.
The
difference in the spellings of OWING and OWNING is the letter N. A single letter that can determine how healthy and wealthy an individual or an
organization is, per given time.
Inconsequential
as it may appear, Letter N can change
the outcome of several key balance sheet ratios like working capital, leverage
and capitalization. It can also determine who the banks treat better than
others.
To owe is to be liable
AND to own is to be capable. Owing
relates to LIABILITY and Owning, to ASSET. More assets than liability increases
the net worth of an individual or an organization.
Not to get
into the liability creates asset discourse; paying more attention to the Letter N sounds like the path towards
riches and self-sustenance.
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