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Which of the following is not a valid explanation for government provision and forced consumption of education?
Liabilities
Financial obligations or debts that a company owes to external parties.
Net Income
The net income of a company following the deduction of all expenses, taxes, and costs from its total revenue.
Assets
Resources owned by a business that have economic value and can be used to meet debts, commitments, or facilitate operations.
Rent Expense
The cost incurred by a business for leasing a property or equipment, recognized as an expense in the income statement.
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