For the Numbers 17, 2, 9, 12, 15, the Range

question 99

Multiple Choice

For the numbers 17, 2, 9, 12, 15, the range is ________.

• A) 15
• B) 9
• C) 12
• D) 2

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Definitions:

Owner's Equity

The residual interest in the assets of an entity after deducting liabilities, representing the ownership interest in the company.

Owner's Drawings

The funds taken from the business by the owner for personal use, not considered as salary or wages.

Owner Drawings

Refers to the money or assets taken out of a business by the owner(s) for personal use.

Net Income

The profit or loss of a business after all expenses, taxes, and costs have been subtracted from total revenue.