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Using Each of the Following Description, Identify Which Key Term

Question 139

Short Answer

Using each of the following description, identify which key term or concept presented in this chapter matches them.
a. Change in liabilities outstanding over specified period.
b. Change in net worth over a particular time span.
c. Net change in real assets over specified time interval.
d. Net change in financial assets over particular time span.
e. A financial report showing changes in financial and real assets, net worth and outstanding liabilities over a particular time period.

Correct Answer:

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a. Borrowing.
b. Current savin...

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