3 Questions
What is the change in total assets from 2016 to 2017?
$56,000 increase
What is the change in net income from 2016 to 2017?
$44,000 increase
What is the change in common stockholders’ equity from 2016 to 2017?
$42,000 increase
Test your financial statement analysis skills with this quiz. Use the given information to answer questions about inventory, current assets, total assets, liabilities, stockholders' equity, net sales, and cost of goods sold for the years 2017 and 2016.
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