Financial Statement Analysis Quiz
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Questions and Answers

What is the change in total assets from 2016 to 2017?

  • $56,000 decrease
  • $56,000 no change
  • $56,000 fluctuation
  • $56,000 increase (correct)
  • What is the change in net income from 2016 to 2017?

  • $44,000 no change
  • $44,000 fluctuation
  • $44,000 decrease
  • $44,000 increase (correct)
  • What is the change in common stockholders’ equity from 2016 to 2017?

  • $42,000 fluctuation
  • $42,000 increase (correct)
  • $42,000 no change
  • $42,000 decrease
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