The term used to describe the stock representing the primary ownership interest in a corporation is:

a.common stock.

b.retrained earnings.

c.financing activity.

d.dividends.

4.Resources owned by a business and used in carrying out its operating activities are:

a.liabilities.

b.stockholders' equity.

c.revenues.

d.assets.

5.Acquiring assets necessary to operate the business is called a(n):

a.financing activity.

b.operating activity.

c.revenue activity.

d.investing activity.