Sunlight, Inc $$\begin{array} { l l } \text { Assets } & \$ 60,600 \\\text { Liabilities } & \$ 27,500\end{array}$$

question 52

Multiple Choice

Sunlight, Inc.had the following assets and liabilities as of September 30, 2016 $$\begin{array} { l l } \text { Assets } & \$ 60,600 \\\text { Liabilities } & \$ 27,500\end{array}$$ If assets increased by $4,350 and equity increased by $2,900 during October, what is the increase or decrease in liabilities of Sunlight as of October 31, 2016?

• A) ($1,450)
• B) $1,450
• C) $7,250
• D) ($7,250)

---

Definitions:

Marginal Revenue

The extra revenue earned by selling an additional unit of a product or service.

Marginal Cost

The added financial burden incurred by manufacturing one more good or service unit.

Government Rules

Regulations and guidelines established by government authorities to govern behavior, enforce standards, and protect the public interest.

Economies Of Scale

The cost per output unit tends to decrease as the operational scale increases, providing companies with financial advantages due to their size.