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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 101

Question 101

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 choices are correct.

Correct Answer:

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