Question 28
What is the formula for calculating shareholder's equity on a balance sheet?
Total assets - Total liabilities
Total liabilities - Total assets
Total assets + Total liabilities
Total liabilities / Total assets
What is the formula for calculating shareholder's equity on a balance sheet?
Total assets - Total liabilities
Total liabilities - Total assets
Total assets + Total liabilities
Total liabilities / Total assets
Correct answer
Total assets - Total liabilities
Question 28 of 42 in the IIT Madras BS Financial Forensics (Financial Forensics) End Term paper sat on 24 Dec 2023, in the September 2023 term (IIT M DEGREE FN EXAM FDB1 24 Dec 2023). It carries 1 mark.