Examlex
In which of the following situations would economists use the word equity?
August Sales
The total sales revenue generated by a business during the month of August.
Capital Expenditures
Long-term investments made by a company in buildings, equipment, or other assets to improve or maintain its operations.
Direct Materials Purchases
Expenditures for raw materials that are directly traceable to the manufacturing of a product and are a significant part of the production process.
Fixed Assets
Long-term tangible assets held for business use and not expected to be converted to cash in the short term.
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