Examlex
Which sentence expresses numbers correctly?
Revenues
The total amount of money generated by a company from its normal business operations, before any costs or expenses are deducted.
Total Liabilities
The sum of all financial obligations or debts that a company owes to outside parties, listed on the balance sheet.
Owner's Equity
The residual interest in the assets of an entity after deducting liabilities, representing ownership interest.
Assets
Assets are resources owned by a company or individual that have economic value and can provide future benefits, like cash, inventory, and equipment.
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