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If total assets increased by $75,000 and total liabilities decreased by $25,000 during a period, what was the change in stockholders' equity?

If total assets increased by $75,000 and total liabilities decreased by $25,000 during a period, what was the change in stockholders' equity?

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 10BE
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If total assets increased by $75,000 and total liabilities decreased by $25,000 during a period, what was the change in stockholders' equity?
Transcribed Image Text:If total assets increased by $75,000 and total liabilities decreased by $25,000 during a period, what was the change in stockholders' equity?
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