In one sentence, describe what the following article is about: Book value is defined as a company’s assets – liabilities. It can also be defined as a firm’s equity. If a company sold all of the assets and used the available cash to pay off all remaining liabilities, any cash left over would be considered equity (book value). A company has book value as a starting point. The formula then adds new (expected) earnings that the company generates over and above a required rate of return.  You’re adding “extra value” to the existing book value of the stock. If the company can grow earnings at a faster rate than required, the firm will be more valuable. If the calculation’s intrinsic value is more than the current market value, the stock is undervalued. The formula for residual value has two components.  It is the current book value of the equity plus the present value of future residual income.  For example, suppose a company will earn $1.00 per share forever, and the company also pays out all of this as dividends, $1.00 per share. The equity capital invested (book value) is $6.00 per share. Because the earnings and dividends will offset each other, the future book value of the stock will always stay at $6.00. The required rate of return on equity (or the percent cost of equity) is 10 percent. Calculate the annual residual income with the formula RIt=Et−rBt−1{\displaystyle RI_{t}=E_{t}-rB_{t-1}}, where RIt{\displaystyle RI_{t}} = residual income in future periods; r{\displaystyle r} =  required rate of return on equity, Et{\displaystyle E_{t}} = net income during period t{\displaystyle t}. If the net income is $1.00 per year, the book value is always $6.00 and the required return is 10 percent, the the annual residual income is $1.00−.10($6.00)=$1.00−$.60=$.40{\displaystyle \$1.00-.10(\$6.00)=\$1.00-\$.60=\$.40}  The present value of future residual income is RIt/r=$.40/.10=$4.00{\displaystyle RI_{t}/r=\$.40/.10=\$4.00}  The intrinsic value is the current book value plus the present value of future residual income.  The equation is $6.00+$4.00=$10.00{\displaystyle \$6.00+\$4.00=\$10.00}. The intrinsic value is $10.00
Summary: Look at book value per common share. Understand the concept of residual value. Add in residual value.

In one sentence, describe what the following article is about: You might know a few random facts that don’t really have to do with your daily life, like how many days it took to build the Empire State Building. Impress your friends by pulling out your fun facts during a trivia game or when they come up in conversation. An example of a fun fact might be: “the Empire State Building was built in 410 days.” If you don’t know any fun facts, download an app like Curiosity or StumbleUpon to be sent a new fact every day. Make sure the facts you tell your friends are truthful. Knowing the answer to a riddle, solving a Rubik’s cube, or completing a maze are all pretty impressive feats. Pick a puzzle that you’d like to become good at and practice it until you are an expert. Study riddles and learn how they are worded to solve them easily. Most puzzles just take practice, but anyone can become an expert in them.
Summary: Tell your friends fun, random facts. Practice puzzles and riddles to solve them quickly.

In one sentence, describe what the following article is about: Before applying makeup, gently wash your face with warm water. Gently rub in a fragrance-free water-based moisturizer. Apply a sunscreen or a moisturizer-sunscreen combination for protection against the sun. Sunscreen does not cause acne unless it contains harmful chemicals such as PABA and benzophenone. You can use brushes or sponges to apply your makeup if you would like to avoid touching your skin. Acne can be caused by bacteria on the hands, but sponges or brushes can also hold bacteria, so be sure wash them at least twice a week.
Summary:
Clean and moisturize your skin. Prepare your brush or sponge. Finished.