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  3. Study Set
    Entrepreneurial Small Business
  4. Exam
    Exam 12: Small Business Accounting: Projecting and Evaluating Performance
  5. Question
    The Difference Between Assets and Liabilities of a Business Is
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The Difference Between Assets and Liabilities of a Business Is

Question 89

Question 89

Multiple Choice

The difference between assets and liabilities of a business is called its:


A) net income.
B) owners' equity.
C) cost of capital.
D) current ratio.

Correct Answer:

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