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    Small Business Management
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    Exam 10: Understanding a Firms Financial Statements
  5. Question
    Ownership Equity Represents the Owner's Investment in the Company,which Can
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Ownership Equity Represents the Owner's Investment in the Company,which Can

Question 89

Question 89

True/False

Ownership equity represents the owner's investment in the company,which can be either his/her cash invested in the company or money borrowed from a bank to purchase fixed assets.

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