If total liabilities decreased by $4880, then O stockholders' equity must have decreased by $4880. assets must have decreased by $4880, or stockholders' equity must have increased by $4880. assets and stockholders' equity each increased by $2440. assets must have increased by $4880.

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Chapter17: Financial Markets
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If total liabilities decreased by $4880, then O stockholders' equity must have decreased by $4880. assets must have
decreased by $4880, or stockholders' equity must have increased by $4880. assets and stockholders' equity each increased
by $2440. assets must have increased by $4880.
Transcribed Image Text:If total liabilities decreased by $4880, then O stockholders' equity must have decreased by $4880. assets must have decreased by $4880, or stockholders' equity must have increased by $4880. assets and stockholders' equity each increased by $2440. assets must have increased by $4880.
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