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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

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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