__________ is the difference between the assets and liabilities. It represents the company's net worth and consists of common stock and retained earnings.
A) Debt ratio
B) Current liability
C) Profitability ratio
D) Owner's equity
E) Liquidity ratio

Question

Quizplus · Accepted Answer

Owner's equity is the correct term for the difference between a company's assets and liabilities, representing the company's net worth. It includes elements such as common stock and retained earnings.

__________ Is the Difference Between the Assets and Liabilities