If Total Liabilities Increased by $90,000 and Stockholders' Equity Increased

question 137

Multiple Choice

If total liabilities increased by $90,000 and stockholders' equity increased by $30,000 during a period of time, then total assets must change by what amount and direction during that same period?

• A)$120,000 decrease
• B)$120,000 increase
• C)$150,000 increase
• D)$180,000 increase

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Definitions:

MS Peak

A peak in mass spectrometry that represents ions of specific mass-to-charge ratios, providing information about the molecular weight or structure of the analyte.

M+2 Peak

In mass spectrometry, this peak results from molecules containing two isotopes heavier than the most common isotopes (such as two chlorines), indicating the presence of elements like Sulfur or Chlorine.

MS Peak

A peak observed in a mass spectrum, representing ions of a specific mass-to-charge ratio.

Mass Spectrum

A graph or data set representing the distribution of ions by mass in a sample, used to determine the molecular weight and structure of compounds.