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To display the current date and time,which is updated each time the workbook is reopened,
use the TODAY function.
Debt-To-Equity Ratio
A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.
Corporate Veil
A legal concept that separates the personality of a corporation from the personalities of its shareholders, and protects them from being personally liable for the company's debts and obligations.
Thin Capitalization
In corporation law, a ground for piercing the corporate veil due to the shareholders’ contributing too little capital to the corporation in relation to its needs.
Nevada Corporation
A corporation chartered in the state of Nevada, often chosen for its favorable corporate laws and tax rules.
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