It is true that An increase in revenues increases net income, and net income increases stockholders’ equity.
Revenue can be described as the total amount of income that is been generated from sale of goods and services in the company which is primary operations of the business.
It should be noted that An increase in revenues increases net income, and net income increases stockholders’ equity and revenue serves as the profit that is been made by the company may be from their products as well as those shares that was sold out out to the outsiders.
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