The most important item the broker should verify prior to the showing is that the assistant should be the permission of the seller or seller's broker to show the property.
What is Seller's Permission?The seller's permit, also known as a sales tax permit or sales and use tax permit, is a type of business license that enables you to charge and collect sales tax on goods and services that are taxable. The tax you have collected must then be sent to your state's taxing body by your company. Seller's permits are state-specific, allowing you to complete the transaction in the state where the permit was issued while also collecting and remitting the necessary sales tax. Seller's permits are state-specific, so if you operate in multiple states, you might need more than one.
Therefore, a seller's permit plays a very important role in any sale.
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The portion of a change in quantity demanded caused by a change in price that makes other products more or less costly.
The portion of a change in quantity demanded caused by a change in price that makes other products more or less costly is substitution effect.
A shift along a demand curve is used to illustrate a change in quantity demanded. The elasticity of demand, which is correlated with the slope of the demand curve, is the ratio of the change in quantity required to a change in price.
The substitution effect is the decline in sales of a product that results from customers switching to less expensive substitutes when the price of the product increases. Although there are numerous possible reasons why a product loses market share, the substitution impact is only a reflection of thriftiness. A brand’s price increase may cause some customers to choose a less expensive substitute.
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Strategy formulation is the process of choosing among different strategies and altering them to best fit the organization’s needs. True or false?.
This is a True and Firm Statement,
Strategy formulation is the process of choosing among different strategies and altering them to best fit the organization's needs.
The process of formulating a strategy involves using the knowledge already at hand to record the anticipated course of a firm and the practical procedures to achieve its objectives.
This procedure is used to allocate resources, set priorities, align the entire company, and validate business objectives.What three strategy formulations are there?It is helpful to think of the development of a strategy as one of three stages in the strategic management process:
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True or false: there is only one method for preparing the statement of cash flows.
It is a false statement that there is only one method for preparing the statement of cash flows.
What is a statement of cash flows?In accounting, this refers to the financial statement that provides an aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources.
Because there is a direct and indirect statement of cash flows, then, It is a false statement that there is only one method for preparing the statement of cash flows.
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Today you earn a salary of $28,500. what will be your annual salary fifteen years from now if you earn annual raised of 3.5 percent? round to the nearest cent.
The annual salary fifteen years from now if you earn annual raised of 3.5 percent is $477.47.44 (round to the nearest cent).
What is future value?The valuation of a current asset at the a future date based on to an assumed rate of growth is known as future value (FV). Investors and financial planners care about future value because it helps them estimate how much a investment made presently will be worth in the future.
In this case, we could use future value formula, which is as follows:
FV = P [1 + i/n]∧nt
Where, FV represents the future value
PV denotes the present value of $ 28500.
i represents the annual interest rate raised in fraction ; i = 0.035.
n = 1 because it represents the number of times interest is compounded in a year, and as the rate is yearly, n=1
The number t represents the number of years, and in this case, t=15.
If we substitute the given values, we get:
FV = 28500 [1 + (0.035/1)]¹⁵
FV = 47747.441
FV = 47747.44 (we got it to the nearest cent).
Therefore, the future value of the deposited amount will be $47747.44.
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While ensuring that your tires are properly inflated during a pre-drive check, you should also check?
During a pre-drive inspection, you should check not just that your tires are properly inflated. Make sure all tire stem covers are firmly fastened Your tires' pointing direction
During your pre-drive inspections, which tires should you check?
headlights. Always check the following during a pre-drive inspection to make sure your tires are properly inflated: B and A are equally accurate (The headlights, brake lights, turn signals, taillights; the direction which your tires are pointed.)
What do pre-driving techniques entail?
Pre-Driving Procedures: Inside Out, Outside In
Your tires' condition should be checked.
Analyze your car's surroundings.
Verify that no fluid is leaking.
Verify the vehicle for any damage.
To enhance your ability to see the road throughout the winter, make sure that snow is not obscuring any windows, mirrors, or lights.
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According to herzberg, job-related factors that motivated workers to work harder and more productively had one thing in common:________
According to herzberg, job-related factors that motivated workers to work harder and more productively had one thing in common Satisfaction.
Job-related elements that are crucial for motivation at work. Long-term positive satisfaction is not produced by them. However, if these elements are missing or nonexistent at work, it will result in unhappiness. In other words, hygiene considerations are those aspects of a work that, when adequate or appropriate, calm employees and prevent them from becoming unsatisfied. Pay, policies, perks, working conditions, status, working relationships, and job security are examples of extrinsic work variables.Some aspects of the workplace contribute to contentment, while others work to avoid unhappiness.To know more about satisfaction visit;
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The sarbanes-oxley act of 2002 requires companies and their independent accountants to _____
To disclose accurate and reliable accounting financial information in its reports.
What is the purpose of the Sarbanes-Oxley Act of 2002?The Sarbanes-Oxley Act (SOX) is a federal act passed in 2002 with bipartisan congressional support to improve auditing and public disclosure in response to several accounting scandals in the early-2000s.It established requirements related to "corporate responsibility" to make executives take responsibility for the accuracy of financial reporting (including a requirement for certification by the entity's "principal officers") and to make it illegal for management to improperly influence the conduct of an auditTo learn more about the Sarbanes-Oxley act of 2002, refer
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Which method of transferring ownership to real property will real estate professionals most often encounter?
Deed is the method of transferring ownership to real property will real estate professionals most often encounter.
What is deed in real estate?The deed in real estate is the term that is used to refer to the legal document that would have to do with the transfer of the ownership of a property to someone else.
The deed would be the document that would have to recognize the person selling as the granter while the person that is buying is the grantee.
Hence we can say that Deed is the method of transferring ownership to real property will real estate professionals most often encounter.
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The organization of a medium that clarifies or reveals a subject matter is described as?
the arrangement of a media that illuminates or exposes a subject aesthetic form.
Organization
A group of individuals active in pursuing specific goals is referred to as an organization. All formal human ties make up its social structure, which can be understood. Workload allocation among employees and task alignment with regard to the organization's main objective are both aspects of the organization.
It can also be considered to as the second-most significant managerial task because it involves coordinating employee efforts, acquiring resources, and combining the two in order to achieve the objectives of the organization.
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A firm makes investments of $2,000 this year, $4,000 next year, and $2,500 the following year. this form of cash flow pattern is a(n) _____.
A firm makes investments of $2,000 this year, $4,000 next year, and $2,500 the following year. this form of cash flow pattern is a(n):(e).uneven cash flow stream
What are the various types of cash flows?
Annuity due cash flows are a stream of equal periodic cash flows where the first cash flow is immediate, lump sum means that a single payment is made rather than a series of cash flows.
Uneven cash flow, which is the case here, has cash series of unequal cash flows at different points, in essence, the cash flows for the three years do not follow a single pattern as they are unequal
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Full question with options:
A firm makes investments of $2,000 this year, $4,000 next year, and $2,500 the following year. This form of cash flow pattern is a(n) _____.
a.annuity due
b.compounded cash flow
c.lump-sum payment
d.ordinary annuity
e.uneven cash flow stream
If $1,040,000 of 6onds are issued at 102.5, the amount of cash received from the sale is :________
a.$1,102,400.
b.$1,066,000.
c.$1,014,000.
d.$1,040,000.
Cash received from the sale of bonds= Face value of bond X Bond quote=
$1,40,000×102.5/100= $1,066,000
What is Face Value?The nominal or dollar value of a security, as indicated by its issuer, is referred to as face value in the financial context. The face value of stocks is the price at which they were purchased, as shown on the certificate. It is the sum, usually in $1,000 increments, that is paid to the bondholder upon maturity. Bond face values are frequently referred to as "par value" or just "par."
When investing in bonds, face value (also known as par value) refers to the sum that, provided the bond issuer doesn't default, is paid to a bondholder when the bond matures. But secondary market bonds are subject to interest rate fluctuations. Bonds are offered at a discount, for instance, if interest rates are higher than their coupon rate (below par).
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When developing logistics strategy, a(n) ___________ strategy refers to the management of logistics activities with a focus on costs.
The correct option is (b) process.
When developing a logistics strategy, a process strategy refers to the management of logistics activities with a focus on costs.
What is process strategy?The establishment and recording of the procedures that a company uses to accomplish its objectives is known as process strategy. A number of processes could be automated, eliminating the need for last-minute judgment calls, management referrals, and in certain situations human involvement altogether.
The four process strategies are mass customization, repetition focus, process focus, and product focus. Process emphasis is about specialization, whereas product focus is about mass output.
How do you create a process strategy?Steps in the strategic planning process
Choose your strategic stance. The basis for all subsequent work is laid during this preparation stage.Set goals in order of importance.Create a plan.Manage and carry out the plan.Examine and update the plan.To know more about strategy making, visit: https://brainly.com/question/14310801
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The complete question is:
“When developing logistics strategy, a ____ strategy refers to the management of logistics activities with a focus on costs.
a. market
b. process
c. command and control
d. information”
A company produces and sells shirts. the fixed costs are 7000 and the variable costs are 2 per shirt. shirts are sold at 10 each. find cost and revenue as functions
The cost function is TC=7000+2x
The revenue function is TR=10x
What are cost and revenue functions?
Cost and revenue functions are algebraic expressions which indicates how total cost or revenue for a given level of output can be determined
The straight-line formula below, can be used to determine the total cost at a given level of output, in other words, the number of shirts produced and sold
TC=a+bx
a=fixed cost=7000
b=variable cost per shirt=2
TC=7000+2x
The revenue function can be determined as the selling price multiplied by the number of shirts which is represented by x in this case
TR=price*quantity
price=10
quantity=x
TR=10x
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Stephanie has only one hour to study for an exam in math or to complete an assignment in economics. for stephanie, the opportunity cost of spending the hour completing the economics assignment is?
Stephanie only has an hour to study for a math exam or complete an economics assignment. For Stephanie, the opportunity cost of spending an hour completing an economics assignment is a higher score on a math exam.
Opportunity cost is a difference of fifteen percentage points. In other words, if investors choose Company A, they are giving up the opportunity to make better profits in the stock market conditions. While some investors want the safest returns, others aim for the highest yields. These investors choose riskier options.
Although this cost is not an accounting concept, so it does not appear in an entity's financial records, it is important in the decision-making process. An indicator of good planning is the proper and detailed management of opportunity costs. Given the importance of calculations such as opportunity cost in a business, then you can take advantage of an accounting system.
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Studies have found a strong relationship between academic dishonesty and? financial success. future managerial downfall. later dishonesty at work. academic failure.
Studies have found a strong relationship between academic dishonesty and later dishonesty at work.
What is meant by academic dishonesty?This is the term that has to do with all acts that are geared towards engaging in and contributing to the acts that can be regarded as dishonest especially when it has to do with the teaching and the learning of materials and all that has to do with academic activities.
Hence we can say that studies have found a strong relationship between academic dishonesty and later dishonesty at work.
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Keith, age 12, has $10,000 in unearned income and $20,000 in earned income in 2021. how much will be taxed at the parent's rate?
For 2021:
$10,000 unearned
$20 000 in earnings
Total $30,000
fewer SD $(12,550)\s$17,450
$7,800 at the parent's rate ($10,000 - $2,200)
The Kiddie Tax is what?
Prior to the Kiddie Tax, parents may reduce their tax liability by putting investments in their children's names. When parents give their kids stocks and other assets, the income generated by those assets is taxed at the lower income tax rate of the child rather than the higher income tax rate of the parent. By applying a higher rate of tax to children's passive income, the Kiddie Tax addressed this loophole.
The Kiddie Tax's past
Dependent children under the age of 19 or full-time students between the ages of 19 and 23 are subject to the Kiddie Tax.
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Cdo tranches are? i all rated aaa ii rated based on the credit quality of the underlying mortgages iii can be backed by sub-prime mortgages iv cannot be backed by sub-prime mortgages
CDO tranches are rated based on the credit quality of the underlying mortgages and can be backed by subprime mortgages.
A particular variety of structured asset-backed security is a collateralized debt obligation. After 2002, CDOs changed from being instruments for the corporate debt markets to being used to refinance mortgage-backed securities. The tranches that make up the CDO are "sliced" into groups that "catch" the cash flow of interest and principal payments in ascending order according to seniority. The lowest, most "junior" tranches suffer losses first in the event that some loans go into default and the cash collected by the CDO is insufficient to pay all of its investors. The cash flows from the assortment of assets that make up a CDO are all combined. This payment pool is divided into rated tranches. Additionally, each tranche has a stated or perceived debt rating. Credit ratings are given to debt and credit products.
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Show the order in which these asset accounts would appear on a company's balance sheet.
Show the order in which these investment accounts would appear on a company's balance sheet.
a. Cash
b. Supplies
c. Equipment
What is the order of investments on a balance sheet?
Order of liquidity is the representation of assets in the balance sheet in the order of the amount of time it would usually take to alter them into cash. Thus, cash is always presented first, observed by saleable securities, then accounts receivable, then inventory, and then fixed investments.
After asset accounts, the chart of charges would include liability accounts and owners' equity accounts.
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experts seem better able to break a problem into meaningful chunks than novices. this strategy provides all of the following advantages except for
Experts appear to be more adept at breaking a problem into meaningful chunks than beginners. The following benefits are all provided by this technique, with the exception of drawing the expert's attention to the problem's microstructure.
Expert-novice studies use the inherent contrasts between people who perform at relatively high levels in one area of expertise (such as an academic discipline, a job, or a hobby) and people who perform at relatively low levels in that same area. Since competence is a continuum rather than two discrete states, the word "relatively" is stressed. A given study typically only compares two places along the continuum. Some academics define the terms "expert" and "novices" in a more narrow, absolute sense.
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Movement along the demand curve showing that a different quantity is purchased in response to a change in price.
Movement along the demand curve showing that a different quantity is purchased in response to a change in price change in quantity demanded.
What happens when there in movement in curve?
The quantity demanded moves along the same curve if the quantity wanted of a given commodity changes due to a change in price while all other parameters remain constant.
The crucial thing to keep in mind is that while the price of the product fluctuates, other elements, like as the consumer's income and preferences as well as the costs of other commodities, etc., remain constant.
The quantity sought is affected by the price change in this case, but the demand curve remains the same as it was before the price change. The demand curve is moving in this direction. Along the demand curve, movement may take place in either an upward or downward direction.
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Managers should make changes only when they are absolutely necessary, should announce them well in advance, and should implement the changes gradually. this is referred to as:__________
Changes should only be made when they are absolutely essential, announced well in advance, and implemented progressively by managers. Facilitation is the term used to describe this.
There is a tendency toward managers and team members gaining facilitation abilities so they can use them in meetings and conversations, even though facilitators are often not members of the group because they must maintain objectivity. By definition, managers who play the facilitator function are not impartial. However, managers can guide teams in handling change and achieving work-related objectives by providing facilitation. In particular, managers act as facilitators by setting clear expectations for the work to be done, monitoring the team's workflow to boost productivity, and managing boundaries that might impact the team's work.
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The main difference between macroeconomics and microeconomics is that macroeconomics _____, and microeconomics
The main difference between macroeconomics and microeconomics is that macroeconomics focuses on the aggregate economy, and microeconomics focuses on small components of that economy.
What is microeconomics and macroeconomics?Macroeconomics is a branch of economics that studies the aggregate economy. Macroeconomics studies economic aggregates such as inflation, unemployment, GDP and growth rate. A topic in macroeconomics could be the effect of inflation on the US economy.
Microeconomics is a branch of economics that studies the economic activities of economic agents in the economy. It studies the decision making process of firms and individuals in response to change in the economic variables.
Here is the complete question:
The main difference between macroeconomics and microeconomics is that:
a) macroeconomics looks at how individuals make choices, and microeconomics looks at the aggregate of those choices.
b) microeconomics largely deals with the fallacy of composition, and macroeconomics does not deal with the fallacy of composition.
c macroeconomics focuses on the aggregate economy, and microeconomics focuses on small components of that economy.
d) macroeconomics is concerned with economic policy, and microeconomics is concerned with international policies
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High-performance work systems result in:______
a) centralized decision making.
b) high production costs.
c) high employee turnover.
d) simple, repetitive jobs.
e) high product quality.
The correct answer is d
High-performance work systems result in simple, repetitive jobs
Numerous empirical investigations have also discovered a connection between HPWS and a variety of beneficial outcomes, including improved job performance, creativity, and innovation.
A system that fosters a work environment in which employees have more involvement and responsibility is known as a high-performance work system. Employees are regarded as important business partners, and due of their dedication to making the company successful, it is possible to establish and retain a competitive edge.
A high-performance work system's ability to boost corporate productivity and efficiency is one of its main advantages.
Employee attitudes and actions are impacted by HPWS, and these employees retaliate with "extra-role activities."
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The strength of the economy of singapore is based largely on its lack of corruption and generous government support for new businesses. how do you suppose its neighbors view the small island nation?
Singapore really has only two neighbors:
Malaysia and Indonesia.It is politically correct to state that Malaysia and Singapore have a love-hate relationship. Malaysia's political leadership look down on Singapore.
How can Singapore be described?Singapore, as a multicultural, multiethnic, multireligious secular meritocracy, is an insult to their Bumiputera policy's falsehood of Malay-based apartheid.
Malays and other races such as Ibans, Dayaks, Eurasians, and Kadazan are considered native races of Malaysia.
Despite having lived there for centuries, a Chinese or Indian is considered a "pendatang," or an immigrant, and is discriminated against.
It is to be noted that Singapore was compelled to leave Malaysia due to disputes, socioeconomic factors, and the inability of Lee Kuan Yew and Tunku Abdul Rahman to reach an agreement.
That kind of issue persists after half a century. Malay nationalist hardliners anticipated Singapore to fail without a hinterland and return to Malaysia, where they would accept their demands. That did not work out as planned.
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Too little spending in an economy often leads to:__________
a. recession
b. inflation
c. full employment
d. efficiency
Too little spending in an economy often leads to: Recession
A recession is an important, widespread, and a very long downturn in any economic activity. Because recessions generally lasts for six months and more, one common rule of thumb is that two consecutive quarters of decline in a country's Gross Domestic Product will constitute a recession.
Economists which includes those at the National Bureau of Economic Research defines the recession as an economic contraction which starts at the peak of the expansion that preceded it and also ends at the low point of the ensuing downturn.
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Two of the major disadvantages of the ________ organizational approach are that projects may lack focus and it can take longer to complete projects.
Two of the major disadvantages of the functional organizational approach are that projects may lack focus and it can take longer to complete projects.
A challenge is any task, carried out in my opinion or collaboratively and likely regarding studies or layout, that is carefully planned to advantage a particular reason.
A project additionally can be described as a tough and speedy of inputs and outputs required to attain a selected purpose. Initiatives can range from easy to complicated and can be managed through one character or one hundred.
A venture definition (additionally called an assignment constitution) is a record that establishes the key objectives and phrases of a venture. Right undertaking definition paves the manner for on-time and on-budget delivery because it lowers the chance of scope creep, price range overrun, and worker burnout.
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On january 1, lorna pays $36,000 of rent in advance. the effects of this transaction are to?
Lorna makes an advance rent payment of $36,000 on January 1. These are the outcomes of this transaction. decreasing cash and increasing rent.
Cash in economics refers to currency in its actual, physical form, such as coins and banknotes.
Cash is defined in bookkeeping and financial accounting as current assets made up of money or money equivalents that may be obtained instantly or almost immediately (as in the case of money market accounts). Cash is viewed as a tool to either prevent a decline in the financial markets or as a reserve for payments, in the event of a structural or accidental negative cash flow.
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__________, like research and development, that already occurred should not be part of cash flow analysis in the capital budgeting process.
Sunk Cost like research and development, that already occurred shouldn't be part of cash flow analysis in the capital budgeting process.
What is capital budgeting ?The procedure a company uses to assess potential big projects or investments is called capital budgeting. Before a project is accepted or denied, capital budgeting is important . samples of such projects include the construction of a new plant or a significant investment in a third party enterprise.
Even though they make up a very tiny fraction of a company's total assets, capital assets are typically long-term investments like new machinery, buildings, and software updates.Making decisions on the long-term investment of a company's capital into operations is completed through capital budgeting.
Capital budgeting includes planning the longer term returns on investments in machinery, land , and new technologies.
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Suppose the inverse demand function is:p = 12 - 4q, and cost is given by c(q) = 4q.the profit-maximizing price equals $_________
Suppose the inverse demand function is:p = 12 - 4q, and cost is given by c(q) = 4q.the profit-maximizing price equals $ Given, c(Q) = 4Q MC (Marginal Cost) = c(Q) / Q => MC = 4 P = 12 - 4Q TR.
Is price the inverse of demand?The price is a function of the quantity required when the demand curve is inverse. In other words, the inverse of a demand curve, changes in the quantity required cause variations in price levels.
In each nation, at what price does the monopoly sell its product if resale is not possible?By operating where its marginal income for each country equals the company's marginal cost, the price-discriminating monopoly maximizes its profit. Therefore, MRUS = MC = MRJ, which means that the marginal revenues for the two nations are equal.
How are QD and Qs calculated?The quantity demanded and the quantity delivered are equal (Qs = Qd). The market is open. If the market price (P) is greater than $6, for instance, P=8, Qs=30, and Qd=10 (where Qd = Qs). The market is unclear since there are extra supplies because Qs exceeds Qd.
Describe the demand function with an example?As an illustration, consider the demand equation Qd = f(P; Prg, Y), where Qd denotes the quantity of a good wanted, P denotes the good's price, Prg denotes the price of a related good, and Y denotes income. The function on the right side of the equation is referred to as the demand function.
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On january 31, an entity's balance sheet showed total assets of $2,250 and liabilities of $750. stockholders' equity at january 31 was:______
On january 31, an entity's balance sheet showed total assets of $2,250 and liabilities of $750. stockholders' equity at january 31 was $1500.
Liabilities are the company's debts, whereas assets are the valuable resources it controls. Liabilities and shareholders' equity both show how a corporation finances its assets.
The following factors are used to evaluate a company's financial position: Assets (what it owns) Liabilities (what it owes to others) ownership stake (the difference between assets and liabilities). Assets-Liabilities=Stockholders Equity
A company's assets are any possessions that have the potential to provide future financial gain. Your debts to other people are called liabilities. In other words, assets increase your wealth while obligations decrease it.
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