____, Because of Increasing Replacement Value and Scarcity, Perform(s) Best

question 87

Multiple Choice

____, because of increasing replacement value and scarcity, perform(s) best in periods of high inflation.

• A)Real assets
• B)Common stock
• C)Preferred stock
• D)Financial assets
• E)More than one of the above

---

Definitions:

Revenues

The total amount of money received by a company for goods sold or services provided during a certain period of time.

Net Income

The total profit of a company after all operating expenses, taxes, and interest are deducted from total revenue.

Normal Balance

The side of an account (debit or credit) that increases. For assets and expenses, it's usually the debit side, and for liabilities, equity, and revenue, it's typically the credit side.

Owner's Capital Account

An equity account representing the total investment of the owner in the business, including initial contributions and subsequent earnings, minus any withdrawals.