The excess value of the assets of a business over its liabilities is?
COMMERCE
WAEC 1993
The excess value of the assets of a business over its liabilities is?
- A. capital owned
- B. working capital
- C. issued capital
- D. reserved capital
Correct Answer: D. reserved capital
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *