Question: When you calculated the RNF for your company you found that Liabilities and Owner's Equity were $50,000 greater than assets. Your CFO Dom Perinion
When you calculated the RNF for your company you found that Liabilities and Owner's Equity were $50,000 greater than assets. Your CFO Dom Perinion asks what this means for the company? Explain the results of your RNF calculation.
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The RNF of a company is the difference between liabilities and owners equ... View full answer
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