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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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33 votes
33 votes
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?

User Chris Beams
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1 Answer

15 votes
15 votes

Answer:

$137,000 Increase

Step-by-step explanation:

User Jaydee
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