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Owners' Equity Is The Profits Earned by and Reinvested in the Company

Question 137

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Owners' equity is
the profits earned by and reinvested in the company.
the amount of money that owners would receive if they sold all of a firm's assets and paid all of its liabilities.
the amount of money originally invested in a business by its owners.
a debt owed by a firm to an outside organization or individual.
any economic resource expected to benefit a firm or an individual who owns it.

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the amount of money that owner...

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