Which of these relationships is false? a. Current Asstes+NON-Current Assests=Liabilites+Equity b. Assets-Liabilities=Equity c. Assets-Equity=Non-Current Liabilties
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Which of these relationships is false?
a. Current Asstes+NON-Current Assests=Liabilites+Equity
b. Assets-Liabilities=Equity
c. Assets-Equity=Non-Current Liabilties
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- In order to raise capital, XYZ company decided to issue loan certificates. The loan certificates have fixed interest rate of 20% and payable over 10 years. Therefore, XYZ company is raising capital through O None of the options Selling shares Debentures Equity finance IIWhich of the following assets is classified as Trading Stock? Select one:Property acquired by an employee who plans to rent it outShares acquired by an investor who hopes to hold the shares for at least 12 monthsTelevisions acquired by a hotel owner who plans to install it in hotel roomsLand acquired by a property developer for the purpose of resaleSuppose you own a mutual fund which has 17,000,000 shares outstanding. If its total assets are $38,000,000 and its liabilities are $7,000,000, find the net asset value (in $) of the fund. Round to the nearest cent. $
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