In the Early 1900s,the _____ Bitterly Criticized Business and Political

question 20

Multiple Choice

In the early 1900s,the _____ bitterly criticized business and political corruption and condemned the cruel treatment of workers.

• A) posers
• B) fences
• C) walkers
• D) muckrakers

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Definitions:

Net Income

The net income of a business once all costs, such as operational expenditures and taxes, have been deducted.

Revenue

The total amount of money received by a company for goods sold or services provided during a specific period.

Expense

An outflow of money to another person or entity to pay for an item or service or for a category of costs.

Owner's Capital Account

An equity account on a company's balance sheet representing the owner's invested funds plus the net income minus the withdrawals by the owner.