Equity of a Corporation Is Broken Out into Two Components

question 171

Multiple Choice

Equity of a corporation is broken out into two components. Which of the following are the two components of the equity of a corporation?

• A) current assets and fixed assets
• B) common stock and liabilities
• C) revenues and expenses
• D) contributed capital and retained earnings

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Definitions:

Myelinated

Referring to axons that are covered with a fatty sheath called myelin, which increases the speed at which electrical impulses propagate along the nerve cell.

Fast Pain Fibers

Nerve fibers that quickly transmit sharp, acute pain signals to the brain.

Sharp Sting

A sudden, acute pain or discomfort, often described like a needle prick or insect bite.

Sensation

The manner in which stimuli energies from our surroundings are picked up and illustrated by our sensory receptors and nervous framework.