The balance sheet equation states that total assets equal:?

Group of answer choices

total liabilities + depreciation

total liabilities + owners equity

owners equity + net income

owners equity + current liabilities

total liabilities + net income

Ernestos Skateboard Corporation reports Revenue on the Income Statement. Revenue is a product of the following:?

EBIT * (1-T)

P * Q; where P = Price and Q = Quantity of Units

EBITDA

Free Cash Flow from Operations less Capital Expenditures

Gross Profit Margin plus (1-T)

Which one (or more) of the following business organizational forms provides the owners with limited investor liability and passes its income before taxes through to the owners?

Group of answer choices

partnership

subchapter S (or S) corporation

regular or (C ) corporation

limited liability company (LLC)

both b and d