A company's ________ includes the amount originally invested by owners and profits earned and reinvested in the company.
A) long-term assets
B) owners' equity
C) inventory
D) remaining liabilities

Question

Quizplus · Accepted Answer

Owners' equity includes the initial investment made by owners and profits reinvested in the company. Long-term assets refer to assets that have a useful life of more than one year, inventory refers to the goods a company holds for sale, and remaining liabilities refer to outstanding debts a company owes.

A Company's ________ Includes the Amount Originally Invested by Owners