All of the following terms can be used for a corporation to describe the difference between assets and liabilities except: Group of answer choices Retained earnings Stockholders’ equity Net book value Net assets

All of the following terms can be used for a corporation to describe the difference between assets and liabilities except: Group of answer choices Retained earnings Stockholders’ equity Net book value Net assets

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

All of the following terms can be used for a corporation to describe the difference between assets and liabilities except:

Group of answer choices

Retained earnings

Stockholders’ equity

Net book value

Net assets

Definition Definition Assets available to stockholders after a company's liabilities are paid off. Stockholders’ equity is also sometimes referred to as owner's equity. A stockholders’ equity or book value generally includes common stock, preferred stock, and retained earnings and is an indicator of a company's financial strength.

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