In the Late Nineteenth Century,which of the Following Was NOT

question 1

Multiple Choice

In the late nineteenth century,which of the following was NOT a major western industry?

• A)mining
• B)fur trading
• C)ranching
• D)commercial farming
• E)railroad building

---

Definitions:

Operating Activities

Transactions and other events that affect the net income of a business, relating to its principal revenue-producing activities.

Accounting Equation

The fundamental equation of accounting, representing the relationship between assets, liabilities, and owner's equity (Assets = Liabilities + Equity).

Cash Dividend

A payment made by a company out of its profits to its shareholders, typically in the form of cash.

Stockholders' Equity

The portion of a company's assets that belongs to the shareholders, calculated as the company's total assets minus its total liabilities.