A balance sheet will show a company’s assets, liabilities and shareholder equity.
What is share-holder equity?
A . the profit from sales once tax has been deducted
B . the amount of money held in the company’s bank account
C . the owners’ residual claim once all debt has been paid
D . the amount of money from retained earnings
Answer: C
Explanation:
shareholder equity = the owner/s of the organisation’s residual claim once all debts have been paid.
What Is Shareholder Equity (SE) and How Is It Calculated? (investopedia.com)
Latest L4M4 Dumps Valid Version with 120 Q&As
Latest And Valid Q&A | Instant Download | Once Fail, Full Refund