If equity decreased by $10 000 and total liabilities increased by $15000 over a period, by how much did total assets change? $15.000 increase $25 000 increase $5000 increase $5000 decrease

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter17: Dynamic Capital Structures And Corporate Valuation
Section: Chapter Questions
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If equity decreased by $10 000 and total liabilities increased by $15 000 over a period, by how much did total assets change?
$15 000 increase
$25 000 increase
$5000 increase
$5000 decrease
Transcribed Image Text:If equity decreased by $10 000 and total liabilities increased by $15 000 over a period, by how much did total assets change? $15 000 increase $25 000 increase $5000 increase $5000 decrease
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