Equity in a Business Increases as a Result of Which

question 59

Multiple Choice

Equity in a business increases as a result of which of the following?

• A) Payments of cash to the owners.
• B) Losses from unprofitable operation of the business.
• C) Earnings from profitable operation of the business.
• D) Borrowing from a commercial bank.

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Definitions:

Spanish Colonization

Spanish Colonization refers to the period during which Spain expanded its territories in the Americas, the Caribbean, and the Pacific, imposing its culture, religion, and governance structures on indigenous populations.

Indian Civilizations

Ancient societies originating from the Indian subcontinent, characterized by cultural, scientific, and architectural achievements.

Permanent Settlement

A system introduced by the British in India during the colonial period where landlords were made owners of the land, and they were required to pay a fixed revenue to the British government.