Another Name for Equity Is

question 35

Multiple Choice

Another name for equity is:

• A) Net income.
• B) Expenses.
• C) Net assets.
• D) Revenue.
• E) Net loss.

---

Definitions:

Franchisors

Entities that allow individuals or entities (franchisees) to operate a business under their brand and business model for a fee.

Freemium Business Models

A business strategy where basic services are provided free of charge while more advanced features must be paid for.

Market Competition

The rivalry among businesses to attract customers, increase sales, and improve market share by offering better products, prices, or services.

Professional Tax

A tax levied by state governments in India on individuals working in various professions, trades, and employment.