Question

Called shareholders' equity or stockholders' equity for a corporation; it is the residual interest in the assets of an entity that remains after deducting its liabilities is________

Answer 1

Stockholders' equity, or shareholders' equity, is the residual interest in the assets of a corporation after deducting its liabilities.

Step-by-step explanation:

Stockholders' equity, also known as shareholders' equity, is the residual interest in the assets of a corporation after deducting its liabilities. It represents the ownership interest of the shareholders in the company. Stockholders' equity is calculated as the difference between the total assets and total liabilities of the corporation.