The net assets of a corporation are equal to:
A)Contributed capital.
B)Retained earnings.
C)Shareholders' equity.
D)None of these.

Name: The net assets of a corporation are equal to: A)Contributed capital. B)Retained earnings. C)Shareholders' equity. D)None of these.
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Question

Quizplus · Accepted Answer

Net assets refer to the total assets of a corporation minus its total liabilities. This is also known as shareholder's equity, which includes both contributed capital and retained earnings. Therefore, the correct choice is C.

The Net Assets of a Corporation Are Equal To