What is equity and how does it change during a period of time?
What will be an ideal response?
Answer: Equity is the residual interest in the assets of an entity that remains after deducting its liabilities. It changes when there are investments by the owners, distributions to the owners, increases or decreases in comprehensive income.
Business
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Raising money for a business is called ________
Fill in the blanks with correct word
Business
The first firm through a strategic window can occupy a propitious niche and discourage competition (if the firm has the required internal strengths)
Indicate whether the statement is true or false
Business