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If total liabilities increased by $91000 and stockholders’ equity increased by $25000 during a period of time, then total assets must change by what amount and direction during that same period?
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Mar 24, 2023
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If total liabilities increased by $91000 and stockholders’ equity increased by $25000 during a period of time, then total assets must change by what amount and direction during that same period?
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Answer:
$137,000 Increase
Step-by-step explanation:
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