If a company has a profit:
A) Assets will be equal to liabilities plus equity.
B) Assets will be less than liabilities plus equity.
C) Assets will be greater than liabilities plus equity.
D) Equity will be greater than its assets.

Question

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The Answer of If a company has a profit:
A) Assets will be equal to liabilities plus equity.
B) Assets will be less than liabilities plus equity.
C) Assets will be greater than liabilities plus equity.
D) Equity will be greater than its assets.

If a Company Has a Profit