Which one of the following is an ownership interest in a firm?
A)asset
B)expense
C)net income
D)liability
E)equity

Name: Which one of the following is an ownership interest in a firm? A)asset B)expense C)net income D)liability E)equity
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Question

Quizplus · Accepted Answer

Equity represents the ownership interest in a firm. It includes stock and retained earnings, which are the profits of the company that have not been distributed to shareholders as dividends.

Which One of the Following Is an Ownership Interest in a Firm