Which of the following could cause an increase in total, Ask an Expert

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Which of the following could cause an increase in total equity?

a. The company repurchased shares of stock.

b. The company has positive net income and a non-zero plowback ratio.

c. The company borrowed money.

d. The company increased cash reserves.

e. None of the above are related to equity.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91559601

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