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    Intermediate Accounting IFRS Study Set 2
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    Exam 5: Statement of Financial Position 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 37

Question 37

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 shareholders' equity.
D) none of these.

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