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One Element of the Supreme Court Ruling in Swann V

question 68

Multiple Choice

One element of the Supreme Court ruling in Swann v.Charlotte-Mecklenburg County Schools was ______________________.


Definitions:

Net Income

Net income is the total amount of profit a company makes after all expenses, taxes, and costs have been subtracted from its total revenue.

Equity Method

An accounting technique used to record investments in other companies where the investor has significant influence but not full control, typically between 20% and 50% ownership.

Dividends

Distributions of earnings given by a business to its shareholders, often as profit sharing.

Equity Method

An accounting technique used by companies to assess the profits earned by their investments in other companies, where the investment income is proportional to the equity held.

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