Question) An increase in which of the following increases the Shareholder's Equity of a business (Circle...
Question) An increase in which of the following increases the Shareholder's Equity of a business (Circle all that apply)?
a. Treasury Stock
b. Retained Earnings
c. Intangible Assets
d. Share Price increase
Homework Answers
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Question) An increase in which of the following increases the Shareholder's Equity of a business
b. Retained Earnings- Correct Answer.
Explanation:
a. Treasury Stock- This is stock purchased and hence will reduce equity
b. Retained Earnings- Will increase
c. Intangible Assets- No impact on equity as this is reported as Assets.
d. Share Price increase- Fluctuations in share price will not impact Equity as equity is being shown on book value.
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