True/False
When the income and expense statement indicates a cash surplus,this may be used to increase net worth by increasing assets or decreasing liabilities.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q145: A(n)_ would not be listed as an
Q146: If your income and expense statement shows
Q147: Choose the word or phrase in [
Q148: Choose the word or phrase in [
Q149: Choose the word or phrase in [
Q151: Net worth typically increases over the life
Q152: Inflation this coming year is expected to
Q153: A cash deficit decreases net worth.
Q154: Using personal balance sheet information,the _ ratio
Q155: Choose the word or phrase in [