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Which of the following statements describes owner's equity?
a. The owners' stake in the business?
b. Amount distributed annually to the owners
c. the gross amount of liquidation of assets before creditors are paid
d. total liabilities minus total equity of the company
a. The owners' stake in the business?
b. Amount distributed annually to the owners
c. the gross amount of liquidation of assets before creditors are paid
d. total liabilities minus total equity of the company