Question: need help with basic financial system class. Question 11 (1 point) Increases in shareholders' equity arise from: o payment of dividends O investments by the


need help with basic financial system class.
Question 11 (1 point) Increases in shareholders' equity arise from: o payment of dividends O investments by the owner O net income earned during the period O both investments by the owner and net income earned during the period Question 12 (1 point) payables are classified as: O decreases in earnings increases in earnings O liabilities Question 13 (1 point) The owners' interest in the assets of a corporation is known as revenues O expenses assets O shareholders' equity Question 14 (1 point) Cash would appear on the: O balance sheet with the current liabilities O retained earnings statement with the net income O balance sheet with the current assets O income statement with the revenues Question 15 (1 point) Retained earnings represent cash that is available to a company for future operations and expansion. True O False
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