Which of the following equations is equivalent to the accounting equation?
A. Equity = liabilities - assets
B. Owners' equity = assets - liabilities
C. Revenues - expenses = net income
D. Net income = expenses - revenues + taxes
E. Profit = sales - revenues
Ans: B. Owners' equity = assets - liabilities
Business
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All of the types of experimental designs mentioned in the chapter on Causal Research Design (Latin Square, factorial, true experimental, and preexperimental designs for example) can be implemented on the Internet
Indicate whether the statement is true or false
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The United Kingdom and United States together make up nearly ________ of daily currency trading
A) 30% B) 40% C) 50% D) 60%
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