Cause an increase in total equity

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Reference no: EM13885487

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.

Reference no: EM13885487

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