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Which statement is true when comparing a laptop component with a desktop component?
Revenues
Revenues represent the income earned by a business from its normal operations, such as sales of goods or services, before any expenses are deducted.
Assets
Resources owned or controlled by a business, expected to bring future economic benefits.
Expenses
Costs incurred in the process of earning revenue, including operational expenses like rent, utilities, and payroll.
Stockholders' Equity
Shareholders' Equity reflects the stake of owners in a company, determined by subtracting the firm's total liabilities from its total assets.
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