Answered

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Owner's equity in a construction company is referred to as:

A. Fixed assets
B. Common stock
C. Net worth
D. Net profit

Sagot :

GinnyAnswer

Final answer:

Owner's equity in a construction company is known as net worth, representing the firm's value and future economic profits.


Explanation:

Owner's equity in a construction company is referred to as Net worth. This represents the value of the firm and the collective worth of economic profits into the future. In private sector entities, owner's equity is the difference between assets and liabilities.


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