Match each of the following terms with the most appropriate definition.a. Return on assetsb. Assetsc. Expensesd. Riske. Liabilitiesf. Owner withdrawalsg. Accounting equationh. Owner capital____ 1. The uncertainty about the return to be earned.____ 2. Resources such as cash that an owner puts into the company.____ 3. A financial ratio stated as income divided by assets invested.____ 4. Creditor's claims on a company's assets.____ 5. Decreases in equity from costs of providing products or services to customers.____ 6. Resources such as cash that an owner takes from the company for personal use.____ 7.Resources a company owns or controls that are expected to yield future benefit.____ 8. Expresses the relation of assets, liabilities and equity in a company, comparing the resources the company
owns to the sources of funds to acquire the resources.
What will be an ideal response?
1. D; 2. H; 3. A; 4. E; 5. C; 6. F; 7. B; 8. G
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