Respuesta :
The owner's equity best describes the difference between a property's market value and the amount that is currently owed on the property, option (A) is correct.
What is return on equity?
The return on equity ratio shows how much money a company makes on the money it invests in its shareholders. Investors frequently use this metric to assess current and potential business investments.
We have a statement:
The difference between a property's market value and the amount that is currently owed on the property.
As we know, the fair market value of a residence is the price at which it would sell on the open market in normal circumstances.
Thus, the owner's equity best describes the difference between a property's market value and the amount that is currently owed on the property, option (A) is correct.
Learn more about the return on equity here:
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