A certain company started business on January 1, 2013 with assets of $1,000,000 and stockholders' equity of $565,000. By the end of the year, assets increased by $100,000 and liabilities decreased by $150,000. Other than net income or loss, the only change in stockholders' equity was dividends of $50,000.
Definitions:
Sensory Impairments
Conditions that affect an individual's ability to receive and process sensory information, such as sight or hearing loss.
Normalization Principle
A concept in disability rights that emphasizes the right of people with disabilities to live a life as close as possible to the norms and patterns of the mainstream society.
Disabilities
Impairments in physical, mental, cognitive, or developmental functions that interact with various barriers may hinder an individual's full and effective participation in society.
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