Total assets=Total liabilities+Total equity
Ending assets=111,000+56100
=$167100
Ending equity=85500+22200
=$107700
Hence ending liabilities=167100-107700
=$59400
Hence change in liabilities=59400-25500
=$33900;increase
Audient began the year with assets of $111,000, liabilities of $25,500, and stockholders' equity of $85,500....
A company began the year with assets of $111,000, liabilities of $25,500, and stockholders' equity of $85,500. During the year assets increased $56,100 and stockholders' equity increased $22,200. What was the change in liabilities for the year? Multiple Choice Ο Decrease of $78,300 Ο Decrease of $33,900 Ο Increase of $78,300 Ο Increase of $33,900
A company began the year with assets of $112,000, liabilities of $26,000, and stockholders' equity of $86,000. During the year assets increased $56,200 and stockholders' equity increased $22,400. What was the change in liabilities for the year? Multiple Choice Increase of $78,600 Increase of $33,800 Decrease of $78,600 Decrease of $33,800
Beyerdynamic began the year with assets of $107,000 and liabilities of $78,500. During the year assets increased by $13,400 and liabilities decreased by $9,700. What is the amount of the change in Beyerdynamic's stockholders' equity during the year? Multiple Choice O $23,100 increase $3,700 decrease $3.700 Increase O O $23,100 decrease The Sarbanes-Oxley Act (SOX) requires company executives to sign a report certifying that the financial statements are free of error. True or False True False
Assets totaled $26,150 and liabilities totaled $8,690 at the beginning of the year. During the year, assets decreased by $3,690 and liabilities increased by $2,990. What is the amount of the change in stockholders' equity during the year? Multiple Choice Ο $6,130 increase Ο $700 decrease Ο $6,680 decrease Ο $930 increase
^ last answer is 16,800(its cut off)
A company began the year with assets of $107.000, liabilities of $23,500, and stockholders' equity of $83,500. During the year assets increased $55,700 and stockholders' equity increased $21,400. What was the change in liabilities for the year? Multiple Choice o increase of $77300 Decrease of $77100 O Increase of $34.300 O Decrease of $34,300 < Prev 5 of 32 Next > Which of the following would appear in the cash flows from operating...
If total liabilities increased by $93000 and stockholders' equity increased by $49000 during a period of time, then total assets must change by what amount and direction during that same period? $240000 increase O $142000 increase O $191000 increase $142000 decrease
Assets totaled $24,550 and liabilities totaled $8,530 at the beginning of the year. During the year, assets decreased by $3,530 and liabilities increased by $2,830. What is the amount of the change in stockholders' equity during the year? $700 decrease $6,360 decrease $610 increase $5,810 increase
During 2019, Canton Company's assets increased $96,100 and the liabilities decreased $23,300. Canton Company's stockholders' equity At December 31, 2019 was $217,500. What amount was stockholders' equity At January 1, 2019? Multiple Choice 50B100 S14700 o o o o S23 900 $250 305
During 2019, Canton Company's assets increased $96,100 and the liabilities decreased $23,300. Canton Company's stockholders' equity At December 31, 2019 was $217,500. What amount was stockholders' equity At January 1, 2019? Multiple Choice 50B100 S14700 o o o o S23 900 $250 305
A company's assets totaled $24,350 and liabilities totaled $8,510 at the beginning of the year. During the year, adets decreased by $3,510 and liabilities increased by $2,810. What is the amount of stockholders' equity at the end of the year? Multiple Choice o $14.520 $15.140 o $9,520 $15.840