The Net Assets of a Business Are Equal to

question 77

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 stockholders' equity.
• D) none of these answer choices are correct.

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Definitions:

Owners

Individuals or entities that legally possess something, holding the rights to control and benefit from it.

Stockholders

Individuals or entities that own shares in a corporation, giving them partial ownership and possibly the right to vote on corporate matters.

Profit Responsibility

An organization's focus or obligation to achieve financial gain for its stakeholders or owners.

Seller-oriented Outcomes

Outcomes focused on benefiting the seller, such as increased sales or market share.