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An Asset Is the Amount of Money Originally Invested in a Business by a Business

Question 36

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An asset is
the amount of money originally invested in a business by its owners.
the amount of money that owners would receive if they sold all of a firm's assets and paid all of its liabilities.
the profits earned by and reinvested in the company.
any economic resource expected to benefit a firm or an individual who owns it.
a debt owed by a firm to an outside organization or individual.

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any economic resourc...

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