If total assets increased by P175,000 during a specific period and liabilities decreased by P10,000 during the same period, the period’s change in total owner’s equity was _____________.
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If total assets increased by P175,000 during a specific period and liabilities decreased by P10,000 during the same period, the period’s change in total owner’s equity was _____________. Put a parenthesis if it is a decrease
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- The following data (in millions) are taken from the financial statements of Target Corporation: a. For Target Corporation, determine the amount of change in millions and the percent of change (round to one decimal place) from the prior year to the recent year for: 1. Revenue 2. Operating expenses 3. Operating income b. What conclusions can you draw from your analysis of the revenue and the total operating expenses?The following data (in millions) were taken from the financial statements of Costco Wholesale Corporation: a. For Costco, determine the amount of change in millions and the percent of change (round to one decimal place) from the prior year to the recent year for: 1. Revenue 2. Operating expenses 3. Operating income b. Comment on the results of your horizontal analysis in part (a). c. Based upon Exercise 2-23, compare and comment on the operating results of Target and Costco for the recent year.If total assets increased by P175,000 during a specific period and liabilities decreased by P10,000 during the same period, the period's change in total owner's equity was Put a parenthesis if it is a decrease*
- ; If total liabilities decreased by $46,000 during a period of time and owner's equity increased by $60,000 during the same period, the amount and direction (increase or decrease) of the period's change in total assets isIf total assets increased $20,000 during a period and total liabilities increased $12,000 during the same period, the amount and direction (increase or decrease) of the change in owner's equity for that period isIf total liabilities decreased by 15,000 and owner’s equity increased by 5,000 during a period of time, then total assets must change by what amount and direction during that same period
- If total liabilities decreased by $24,172 during a period of time and owner's equity increased by $31,776 during the same period, the amount and direction (increase or decrease) of the period's change in total assets would be a Oa. $7,604 decrease Ob. $24,172 increase Oc. $24,172 decrease Od. $7.604 increaseIf total liabilities decreased by $22,842 during a period of time and owner's equity increased by $33,878 during the same period, the amount and direction (increase or decrease) of the period's change in total assets would be aa.$11,036 decreaseb.$11,036 increasec.$22,842 increased.$22,842 decreaseIf total assets decreased by $119,300 during a period of time and owner's equity increased by $67,600 during the same period, then the amount and direction (increase or decrease) of the period's change in total liabilities would be a(n): Select one: a. $51,700 increase b. $186,900 decrease c. $67,500 decrease d. $51,700 decrease
- If total liabilities decreased by $22,842 during a period of time and owner's equity increased by $33,878 during the same period, the amount and direction (increase or decrease) of the period's change in total assets would be a a.$11,036 decrease b.$11,036 increase c.$22,842 increase d.$22,842 decreaseIf total liabilities decreased by $23,609 during a period of time and stockholders' equity increased by $31,807 during the same period, the amount and direction (increase or decrease) of the period's change in total assets is aIf during the year total assets increase by 55000 and total liabilities decrease by 36000, by how much did owner's equity increase/decrease?