Which of the Following Statements Is True About the Figure

question 14

Multiple Choice

Which of the following statements is true about the figure shown below?

• A) A rental unit must be either an apartment or a house, and cannot be both at the same time.
• B) A rental unit can be an apartment, house or just a rental unit; it may not be more than one at the same time.
• C) A rental unit must be either an apartment or a house, and could be both.
• D) A rental unit can be an apartment, a house or just a rental unit. It could be both an apartment and a house at the same time.

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Definitions:

Legal Capital

The amount of capital that must be maintained in the business as a safeguard for creditors, represented by the par value of issued shares.

Earnings Per Share

A metric that shows the portion of a company's profit allocated to each outstanding share of common stock.

Common Shareholders

Individuals or entities that own common shares in a corporation, granting them voting rights and a share in the company's profits via dividends.

Net Income

The total profit or loss of a company after all revenues and expenses have been accounted for.