Label the seven components of the Wernicke-Geschwind model,and briefly explain the hypothetical function of each.
Definitions:
Total Capital Balance
The sum of a company's long-term debt, equity, and retained earnings.
Income Distribution
A statistical measure detailing the way in which total income is spread across the individuals or households within a specific economy.
Net Income
A company's overall earnings following the deduction of all costs, taxes, and expenses from its total revenue.
Capital Contributions
Funds or assets given to a company by its owners or shareholders to support the business, which increase equity but are not considered income.
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