The balance sheet equation or accounting identity can be written as: assets equal liabilities plus owners' equity.
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Q67: Positive cash flows must equal negative cash
Q68: Two broad groups of assets are identified
Q69: Market value added can be written as:
Q70: Only corporations have owners' equity.
Q71: Inventories are treated as a liability on
Q73: Market value added can be written as:
Q74: A cash dividend is a use of
Q75: An increase in a liability account is
Q76: A decrease in an asset account is
Q77: Typically, a close estimate of market value
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