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Which of the following is an example of a fixed cost for private trucking:
Total Assets
Total assets represent the sum of all assets owned by a company, indicating the resources it has at its disposal to generate revenue.
Owner's Equity
The portion of a company's total value that belongs to its owners or shareholders, calculated as the company's total assets minus its total liabilities.
Liabilities
Obligations or debts that a company owes to others, typically the sums of money due to creditors, suppliers, or tax departments.
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