If total assets decreased by $5,000 and total liabilities increased by $3,800 during a period of time, then by how much and in what direction must stockholders' equity have changed during the same period?

If total assets decreased by $5,000 and total liabilities increased by $3,800 during a period of time, then by how much and in what direction must stockholders' equity have changed during the same period?

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 53E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...

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If total assets decreased by $5,000 and total liabilities increased
by $3,800 during a period of time, then by how much and in
what direction must stockholders' equity have changed during
the same period?

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What amount and direction during that some period?? General accounting
Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Required: 1. Calculate the average common stockholders equity. 2. Calculate the return on stockholders equity.
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If total liabilities increased by $70500 during a period of time and stockholders' equity decreased by $37000 during the same period, then the amount and direction (increase or decrease) of the period's change in total assets is a(n) O $107500 increase. O $70500 increase. O $33500 increase. O $33500 decrease.
What amount and direction during that same period on these accounting question?