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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Keith Feral who wrote (114054)	2/22/2002 3:26:01 PM
From: Stock Farmer	Respond to of 152472

John: If you subtract liabilities from assets, you get zero. If you recall, assets = liabilities. 1-1 = 0, not $350 million. That's strange. I thought that if you subtract "Total Liabilities and Stockholders' Equity" from "Total Assets" you get zero. If you subtract the line "Total Liabilities" from the line "Total Assets" you get 5.1 Billions. Pull up the 10-Q and check it out for yourself. I've saved you the trouble and cut and past from the 10-Q to here. Maybe you want to pull out a calculator and have some fun. Total assets $ 6,332,453 $ 5,669,733 Total liabilities 1,117,189 851,431 Total stockholders' equity 5,110,982 4,812,415 Total liabilities and stockholders' equity $ 6,332,453 $ 5,669,733 John