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