An increase in revenue represents an increase in shareholders' equity.

Name: An increase in revenue represents an increase in shareholders' equity.
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Question

Quizplus · Accepted Answer

Revenue is a source of income for a company, and when revenue increases, it can lead to an increase in profits, which in turn can increase shareholders' equity. Shareholders' equity is the value of a company's assets minus its liabilities and represents the ownership interest that shareholders have in the company.

An Increase in Revenue Represents an Increase in Shareholders' Equity