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29 The difference between assets and liabilities in a non-profit organization is called: Select one: t of 1 a. Net income b. Net assets c.

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29 The difference between assets and liabilities in a non-profit organization is called: Select one: t of 1 a. Net income b. Net assets c. Gross income d. Gross assets 30 The equation long-term debt/(long-term debt + Net assets) is used to evaluate: Select one: ut of 1 a. Capital budget performance b. Gain on capital budget c. Interest on capital budget d. Loss on capital budget

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