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7. Which of the following statements about shareholders' equity is NOT true? A Shareholders' equity is the excess of assets over liabilities. B Shareholders' equity

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7. Which of the following statements about shareholders' equity is NOT true? A Shareholders' equity is the excess of assets over liabilities. B Shareholders' equity consists of two ma in elements: share capital and retained earnings. C Shareholders' equity is a residual claim of the shareholders on the assets of the organisation D Shareholders' equity is the amount shareholders will receive in dividends in the future

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