The Net Assets of a Business Are Equal to

question 101

Multiple Choice

The net assets of a business are equal to

• A) current assets minus current liabilities.
• B) total assets plus total liabilities.
• C) total assets minus total shareholders' equity.
• D) none of these choices are correct.

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Definitions:

Assignment

A task or piece of work allocated to someone as part of a job or course of study.

Writing Approach

A method or style chosen for communicating ideas effectively through written text.

Nature

The inherent qualities or characteristics of something or the physical world collectively, including plants, animals, the landscape, and other features and products of the earth.

Assignment

The act of transferring rights, property, or responsibilities from one party to another, often seen in contexts of law, education, or business.