Essay
Presented below are condensed data from the financial statements of Unique Factory for 2015 and 2014. The figures are expressed in thousands. Use this information to answer the questions that follow.
Required: Based on the information provided, is Unique Factory considered a business or non-business entity? How do you know by examining the financial statements?
Correct Answer:

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Unique Factory is a business entity, bec...View Answer
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Correct Answer:
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