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Exam L4M4 All Questions
Exam L4M4 All Questions

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CIPS Level 4 Diploma in Procurement and Supply L4M4 Question # 55 Topic 6 Discussion

L4M4 Exam Topic 6 Question 55 Discussion:
Question #: 55
Topic #: 6

A balance sheet will show a company's assets, liabilities and shareholder equity. What is share-holder equity?


A.

the profit from sales once tax has been deducted


B.

the amount of money held in the company's bank account


C.

the owners' residual claim once all debt has been paid


D.

the amount of money from retained earnings


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