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    Intermediate Accounting Study Set 9
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    Exam 5: Balance Sheet and Statement of Cash Flows
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    The Net Assets of a Business Are Equal to
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The Net Assets of a Business Are Equal to

Question 77

Question 77

Multiple Choice

The net assets of a business are equal to


A) current assets minus current liabilities.
B) total assets plus total liabilities.
C) total assets minus total stockholders' equity.
D) none of these answer choices are correct.

Correct Answer:

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