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    Introduction to Business
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    Exam 7: Accounting: Decision Making by the Numbers
  5. Question
    If a Firm's Assets = $6000 and Its Liabilities =
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If a Firm's Assets = $6000 and Its Liabilities =

Question 39

Question 39

Multiple Choice

If a firm's assets = $6000 and its liabilities = $3500, what is owners' equity?


A) $4500
B) $2500
C) $6000
D) $2000

Correct Answer:

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