Multiple Choice
Owners' equity consists of two sources of capital. They are
A) the amount that the owners originally invested and profits earned by and reinvested in the company.
B) bank loans and money received from factoring accounts receivable.
C) bank loans and proceeds from the sale of stock.
D) trade credit and bank loans.
E) dividends received by investors and bank loans.
Correct Answer:
Verified
Correct Answer:
Verified
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