It is comprised of the following three elements: 1  Assets: Something a business owns or controls (e.g. cash, inventory, plant and machinery, etc) 2  Liabilities: Something a business owes to someone (e.g. creditors, bank loans, etc) 3  Equity: What the business owes to its owners.
On December 26, 2002, Ritts died of complications from pneumonia at the age of 50. According to Ritts' publicist, Herb was HIV-positive, but this particular pneumonia was not PCP (pneumocystis pneumonia), a common opportunistic infection of AIDS. But at the end of the day, his immune system was compromised..
Sept. 12, 2003 -- Popular TV and movie star John Ritter has died from an undetected flaw in his heart called an aortic dissection. He was 54. An aortic dissection refers to an abnormal separation of tissues within the walls of the aorta, the large blood vessel that carries blood from the heart to the rest of the body.