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Net Income: Select one: A. Decreases equity. B. Represents stockholders' claims against assets. C. Is the excess of revenues over expenses. D. Equals assets minus

Net Income: Select one:

A. Decreases equity.

B. Represents stockholders' claims against assets.

C. Is the excess of revenues over expenses.

D. Equals assets minus liabilities.

E. Represents the amount of assets stockholders put into a business.

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