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WAEC Commerce 2025 Question 11

Question 11

Business Finance

In business, the net value of the owner's assets is

  1. A.working capital.
  2. B.nominal capital.
  3. C.fixed capital.
  4. D.capital owned.
Show the answer and explanation

Answer: D (capital owned.)

Explanation

Capital owned (net worth) is total assets minus total liabilities: what the owner really owns.