Resources minus capital equals:Question 9Answera.Equityb.Revenuec.Assetsd.Liabilities
Question
Resources minus capital equals:Question 9Answera.Equityb.Revenuec.Assetsd.Liabilities
Solution
The answer is d. Liabilities.
Here's the step by step explanation:
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Resources: This refers to the total value of what a company owns or controls, including cash, equipment, property, and investments. This is also known as assets.
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Capital: This refers to the financial assets or the financial value of assets, such as funds held in deposit accounts, as well as the tangible machinery and production equipment used in environments such as factories and other manufacturing facilities.
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When you subtract capital from resources, you're essentially subtracting part of the company's assets. What's left are the company's obligations or debts, which are known as liabilities.
So, resources minus capital equals liabilities.
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