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Why do total assets equal the sum of total liabilities and equity? Explain.
Assets = Liabilities + Equity
Assets are the items of value that a business owns. Liabilities are claims on the business through non-owners, and equity is the owners' claim on the business. The sum of the equity and liabilities is the total capital contributed to the business that by definition equals the total value of the assets.
Determine the Fields of Finance Academic discipline of financial management may be viewed as made up of five specialized fields. In every field, financial manager is dealing wi
How might management try to solve the problems found in agency theorem
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