If Total Liabilities Decreased by ¥30,000 and Equity Increased by ¥5,000

question 121

Multiple Choice

If total liabilities decreased by ¥30,000 and equity increased by ¥5,000 during a period of time, then total assets must change by what amount and direction during that same period?

• A) ¥25,000 decrease
• B) ¥25,000 increase
• C) ¥30,000 increase
• D) ¥35,000 increase

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Definitions:

Linear Programming

A mathematical method used for achieving the best outcome, such as maximum profit or lowest cost, in a model with linear relationships.

Competitive Bidding Scenario

A procurement process where sellers bid against each other to win a contract by offering the best terms, usually the lowest price.

Relevant Information

Any data or facts that can influence decision-making processes or outcomes because they are pertinent to the decision at hand.

Segregate

To separate or set apart from others or from the main body or group; isolation.