A Primary Source of Shareholders' Equity Is

question 65

Multiple Choice

A primary source of shareholders' equity is

• A)income retained by the corporation.
• B)appropriated retained earnings.
• C)contributions by shareholders.
• D)both income retained by the corporation and contributions by holders.

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Definitions:

Subprime Mortgage Market

The market for loans to borrowers with lower credit ratings, implying higher risk for lenders and typically resulting in higher interest rates.

Recession of 2001

A brief economic downturn in the United States that began in March 2001 and ended in November 2001, marked by the bursting of the dot-com bubble.

Subprime Mortgage Market

A segment of the mortgage market that caters to individuals with poor credit histories who are considered higher risk borrowers.

Low-income Individuals

persons or groups with earnings significantly below the median level of income for their society or geographic area.