Question
Which of the following is called the balance sheet equation and shows that any asset owned by the company is funded with either liability or
Which of the following is called the balance sheet equation and shows that any asset owned by the company is funded with either liability or shareholder equity?
Group of answer choices
Assets = Liabilities + Shareholders' Equity
Liabilities = Assets + Shareholders' Equity
Liabilities + Assets = Shareholders' Equity
Assets = Liabilities - Shareholders' Equity
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Entrepreneurial Finance
Authors: Simon Hulme, Chris Drew
1st Edition
1352009811, 978-1352009811
