________ are those items of value the business owns;________ are those things the business owes.
A) Assets;liabilities
B) Liabilities;assets
C) Ratios;equities
D) Equities;liabilities
Correct Answer:
Verified
Q2: Depreciation is:
A)the difference between the total sources
Q3: Bill is studying those expenses that contribute
Q4: The statement of cash flow:
A)compares costs and
Q5: The first step in creating the pro
Q6: A technique that allows the small business
Q8: The _ is built on the basic
Q9: The _ shows what assets the business
Q10: One of the most important tasks facing
Q11: _ are those things that a business
Q12: Dividing gross profit by net sales produces:
A)operating
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