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On a cost-basis balance sheet, net worth (owner equity) will increase if Multiple Choice the business retains (reinvests) profits. additional outside capital is invested in
On a cost-basis balance sheet, net worth (owner equity) will increase if Multiple Choice the business retains (reinvests) profits. additional outside capital is invested in the business. noncurrent assets increase in value because of market conditions. Both the business retains (reinvests) profits and additional outside capital is invested in the business will increase net worth on the cost-basis balance sheet
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