Assets - Liabilities = ________.
A) variable cost
B) fixed cost
C) liquidity
D) business cost
E) owner's equity

Question

Quizplus · Accepted Answer

A)Owners' equity refers to the portion of a company's assets that belongs to the owners after obligations to all creditors have been met. Owners' equity = Assets - Liabilities.
B)Owners' equity refers to the portion of a company's assets that belongs to the owners after obligations to all creditors have been met. Owners' equity = Assets - Liabilities.
C)Owners' equity refers to the portion of a company's assets that belongs to the owners after obligations to all creditors have been met. Owners' equity = Assets - Liabilities.
D)Owners' equity refers to the portion of a company's assets that belongs to the owners after obligations to all creditors have been met. Owners' equity = Assets - Liabilities.
E)Owners' equity refers to the portion of a company's assets that belongs to the owners after obligations to all creditors have been met. Owners' equity = Assets - Liabilities.