Question and answer
Financial managers are responsible for buying merchandise on credit and collecting payment from accounts receivable. True False
Financial managers are responsible for buying merchandise on credit and collecting payment from accounts receivable. TRUE.
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AmandaBeers2012|Points 20|
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Asked 4/7/2012 5:42:45 AM
Updated 11/18/2018 7:19:18 PM
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This answer has been confirmed as correct and helpful.
Edited by Masamune [11/18/2018 7:19:11 PM], Confirmed by Masamune [11/18/2018 7:19:17 PM]
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22. _______ refers to the value that stockholders or owners have in a company. (Points : 3) Assets. Liabilities. Owners' equity. Contra receivables
Question
Updated 9/24/2014 12:58:36 PM
1 Answer/Comment

Owners' equity refers to the value that stockholders or owners have in a company.

Added 9/24/2014 12:58:36 PM
This answer has been confirmed as correct and helpful.
Assets minus liabilities equals: net income. gross margin. owners' equity. cash reserves.
Weegy: Assets minus liabilities equals owners' equity. (More)
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Updated 3/15/2018 2:32:34 AM
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