Things that are owned by a business that have value are called ___________________

Things that are owned by a business that have value are called ____________________.
Fill in the blank(s) with correct word

Q. 2

____________________ is the difference between the net sales and the cost of goods sold.
Fill in the blank(s) with correct word

Q. 3

The ____________________ ratio is found by dividing the net income by the owner's equity.
Fill in the blank(s) with correct word

Q. 4

The comparison of current assets to current liabilities is called the ____________________.
Fill in the blank(s) with correct word

Q. 5

The debts of a business are also called ____________________.
Fill in the blank(s) with correct word

Q. 6

A firm owned by two or more people that is not a corporation is called a(n) ____________________.
Fill in the blank(s) with correct word

Q. 7

Expenses that are directly related to buying or producing goods are called the _________________________.
Fill in the blank(s) with correct word

Q. 8

When a business continually operates at a loss and its assets are less than the amounts it owes, a court may declare it ____________________.
Fill in the blank(s) with correct word

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Things that are owned by a business that have value are called ____________________. Fill in the ...

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