Examlex
If you were thinking about an oven as a system which of the following represents the output?
Total Assets
Total assets refer to the sum of all assets owned by a person or entity, reported on the balance sheet, which includes tangible and intangible items of value.
Shareholders' Equity
The residual interest in the assets of a corporation after deducting its liabilities, often referred to as stockholders' equity or owners' equity.
Liquid Assets
Assets that can be quickly and easily converted into cash with minimal impact on their value.
Cash Equivalents
Short-term investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value.
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