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The nurse is identifying a sketch of which of the following when he or she creates a family's ecomap?
Basic Accounting Equation
Assets = Liabilities + Stockholders’ Equity.
Assets
Resources owned by a business or individual that have economic value and can be converted into cash.
Liabilities
Financial obligations owed by a business to others, such as loans, accounts payable, mortgages, deferred revenues, or bonds.
Common Shares
Equity securities that represent ownership interests in a corporation, entitling holders to dividends and voting rights depending on the number of shares held.
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