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Bonus Question(20 points total) 1.What is the definition of NET assets? (3 points) 2.What is the difference between operating and non-operating assets, liabilities, revenues and

Bonus Question(20 points total)

1.What is the definition of NET assets? (3 points)

2.What is the difference between operating and non-operating assets, liabilities, revenues and expenses? (3 points)

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