Banks, by contrast, routinely have liabilities in excess of 90 percent of their assets.
But if the cases proceed, Microsoft could face liabilities in excess of what it is now offering schools.
ON NOVEMBER 29th, Ashikaga Bank, tenth largest of Japan's 115 regional banks, admitted that it was insolvent, with liabilities in excess of assets of ¥102.3 billion ($930m) at the end of September.
While the majority of Banking Entities will not need to comply until 2015, entities with trading assets and liabilities in excess of 50 billion dollars will need to start reporting on June 30 , 2014
Looking at the 50 states, Truth in Accounting's most recent analysis calculated that the state governments are facing employee retirement benefit liabilities in excess of $1 trillion - and more than 80% of them are still not included on the state governments' balance sheets.
Using the risk-free rate of return, Kentucky's unfunded pension liabilities of $95 billion are in excess of $21,600 per capita.
This is precisely what the Obama administration did to BP, forcing it to pay compensation well in excess of the liability cap of $75 million for the Deepwater Horizon disaster.
G&G says it attempts to combat piracy – threatening those showing the fight without paying the licensing fee – with "civil liability for actual and statutory damages in excess of $100,000, injunctive relief, legal costs and attorneys' fees, as well as other severe criminal and civil penalties as provided for by federal copyright and state and federal telecommunications laws".
Any credit in excess of tax liability may be carried for up to five years with the maximum dollar limit for 2015 at $13,400 per child.
Most were selling at less than ten times expected 1996 earnings, and all had cash in excess of total liabilities.
