Ashoka

question 52

Multiple Choice

Ashoka

• A)was the founder of Jainism.
• B)was the only Indian emperor who tried to foster trade.
• C)changed his personal values and governmental policies after becoming a Buddhist.
• D)sent Buddhist missionaries to China and Japan to instruct the people.
• E)was a vaisya.

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Definitions:

Capital Equity

Equity capital that is invested into a company by investors who purchase shares of stock, providing long-term funding for business operations.

Income Sharing Ratio

Income sharing ratio refers to the pre-agreed proportion used to distribute profits or losses among partners in a partnership according to their partnership agreement.

Partners' Equity

The total amount of capital contributed by partners plus their accumulated profits retained in the business.

Capital Account Balances

The financial records that show the equity ownership and investment contributions of partners or shareholders in a business.