The statement "total liabilities should not exceed net worth" is an example of an):
A)investing rule
B)benchmark
C)industry standard
D)none of these answers is correct

Name: The statement "total liabilities should not exceed net worth" is an example of an): A)investing rule B)benchmark C)industry standard D)none of these answers is correct
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Question

Quizplus · Accepted Answer

This statement is an example of a benchmark that businesses can use to ensure they are not overleveraged and are maintaining a healthy financial position.

The Statement "Total Liabilities Should Not Exceed Net Worth" Is