If Total Liabilities Decreased by $75,000 and Stockholders' Equity Increased

question 124

Multiple Choice

If total liabilities decreased by $75,000 and stockholders' equity increased by $25,000 during a period of time, then total assets must change by what amount and direction during that same period?

• A) $100,000 increase
• B) $50,000 decrease
• C) $50,000 increase
• D) $75,000 decrease

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Definitions:

Apical Pulse

The pulse taken with a stethoscope at the apex of the heart, which provides information about the heart's rate and rhythm.

Nursing Process

A systematic method used by nurses to plan and provide patient care, involving assessment, diagnosis, planning, implementation, and evaluation.

Clinical Care

The direct healthcare services provided to patients, including diagnosis, treatment, and management of conditions.

Newly Admitted

Referring to a patient who has recently been admitted to a healthcare facility for treatment or observation.