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He would be an incredibly negative asset to any company.
He has a job as a "negative asset manager" at Life magazine where framed portraits of Marilyn Monroe and Muhammad Ali gaze down from the walls.
Yet this does not explain the slide in foreign earnings: until recently Britain, like America, was able to combine a negative asset position with positive income: its assets paid more than its liabilities cost.
Debit depreciation (an expense) credit accumulated depreciation (kind of a negative asset that offsets the basis of the asset being depreciated).
"The Secret Life of Walter Mitty" stars Stiller as the title character, a LIFE magazine negative asset manager (a.k.a. photo editor) who retreats to day dreams to escape the confines of his mild-mannered life.
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At the end of 2020 the federal government debt is larger by $637 billion in real terms (the debt/GDP ratio is larger by 3.19 percentage points), which may increase the risk of negative asset-market reactions.
"Economically, they are negative assets.
One in five households has zero or negative assets.
There are also "negative assets".
By April 2010, BG had combined negative assets, debt and received grants of NOK 240 million.
That kind of physical exertion, however, seems well behind him in the job he's held for 16 years, as the "negative assets manager" in the photo department of a fictionalized version of Life magazine.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com