Assets-Liabilities =

FPSC Past Papers / All — Multiple-choice practice

  1. A. Profit
  2. B. None
  3. C. Debt
  4. D. Equity

Correct answer

Equity

Explanation

Explanation Equity represents the value that would be returned to a company's shareholders if all of the assets were liquidated and all of the company's debts were paid off.

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