4 Which of the following is correct? Points: 1 A Owners' Equity is the sum...

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Finance

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4 Which of the following is correct? Points: 1 A Owners' Equity is the sum of the assets and liabilities of a firm. B Inventory is an example of a current liability. Net working capital is positive when current liabilities exceed current assets. Accounts payable is an example of a short term liability. E The statement of financial position shows the revenues and expenses of a firm

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