Owner's equity is sometimes referred to as residual equity because creditors have ____________________ legal claim to the assets of a business.

Name: Owner's equity is sometimes referred to as residual equity because creditors have ____________________ legal claim to the assets of a business.
Brand: Quizplus
Rating: 4.7 (30 reviews)

Question

Quizplus · Accepted Answer

The Answer of Owner's equity is sometimes referred to as residual equity because creditors have ____________________ legal claim to the assets of a business.

Owner's Equity Is Sometimes Referred to as Residual Equity Because