If the assets of a business increased $89,000 during a period of time and its liabilities increased $67,000 during the same period, equity in the business must have: a. Decreased $22,000. b. Decreased $156,000. c. Increased $22,000. d. Increased $89,000. e. Increased $156,000.

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If the liabilities of a business increased RM60,000 during a period of time .

What will be the ending retained earning balance?

Assuming a business entity has a total asset of 25,000,000 its total liabilities is 1/3 of the said amount. How much is the equity? 16,000,000,00 16,666,666.67 13,333,333.33 13,000,000.00

Suppose Isha Corporation reports beginning assets of $55,000, ending assets of $70,000, net sales of $150,000, and net income of $12,500. What is the return on assets?

What is the return of assets

Subject: general accounting

Accounts payable increase by $500; revenues increase by $500. a. If the assets of a company increase by $100,000 during the year and its liabilities increase by $35,000 during the same year, then the change in equity of the company during the year must have been a(n): b. Increase of $135,000. c. Decrease of $135,000. d. Decrease of $65,000. e. Increase of $65,000.

Equity in the business must have? General accounting