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Author Question: Which of the following accounts does NOT belong in the equity section of a balance sheet? A) ... (Read 72 times)

robinn137

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Which of the following accounts does NOT belong in the equity section of a balance sheet?
 
  A) long-term debt B) preferred stock
  C) paid-in-surplus D) retained earnings

Question 2

Which of the following best describes the ultimate task of the financial managers?
 
  A) Profit maximization
  B) Risk minimization
  C) Maximization of shareholders' wealth
  D) None of the above


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T4T

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robinn137

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Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it


31809pancho

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Reply 3 on: Yesterday
Excellent

 

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