In a Corporation,the Two Basic Sources of Shareholders' Equity Are

question 1

Multiple Choice

In a corporation,the two basic sources of shareholders' equity are:

• A) share capital and operating capital
• B) share capital and retained earnings
• C) donated capital and share capital
• D) donated capital and retained earnings

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Definitions:

Collateral

An asset offered by a borrower to secure a loan, which the lender can seize if the borrower fails to repay the debt.

Farm Products

Goods that are produced through agriculture, such as crops, livestock, and the products derived from them.

Documents of Title

Legal documents that provide proof of a person's rights to control the disposition of goods or property, such as bills of lading or warehouse receipts.

Identity

Identity refers to the qualities, beliefs, personality, looks, and/or expressions that make a person (self-identity) or group (particular social category or social group) distinct.