Select the Answer That Correctly Combines Each Pair of Sentences

question 31

Multiple Choice

Select the answer that correctly combines each pair of sentences into one by using a possessive, keeping the meaning of the original sentences. Ms. Logan has a new suit. The suit is made of wool.

• A) The suit is made of Ms. Logan's wool.
• B) Ms. Logan's new suit is made of wool.

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Definitions:

Common Stock

Equity ownership in a corporation, with rights to share in its profits and vote in company matters.

Comprehensive Income

The change in equity of a company during a period from transactions and other events from non-owner sources.

Equity

The portion of a company's assets that belongs to the shareholders after debts and liabilities have been settled.

Non-Owner Sources

Non-Owner Sources refer to funds sourced from entities other than the owners, such as loans, creditor financing, or any external investments into the business.