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Figure 21-12
-Refer to Figure 21-12. If the consumer moves from bundle V to bundle X, the
Owners
Individuals or entities that legally possess an asset, business, or property.
Obligations
Obligations are financial responsibilities or legal commitments that arise from contracts, agreements, or other binding arrangements.
Creditors' Claims
Rights or claims that creditors have against the assets of a company as a result of extending credit or lending money to the company.
Business Activities
Operations and actions undertaken by a company to generate revenue, such as sales, service provision, and production.
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