If Total Liabilities Decreased by $46,000 During a Period of Time

question 8

Multiple Choice

If total liabilities decreased by $46,000 during a period of time and stockholder's equity increased by $60,000 during the same period,the amount and direction increase or decrease of the period's change in total assets is

• A)$106,000 increase
• B)$14,000 increase
• C)$14,000 decrease
• D)$106,000 decrease

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Definitions:

Socialized Charismatic Leader

A leader who exhibits charismatic qualities and uses their influence for the collective good, fostering positive and ethical behaviors.

Power

The ability or capacity to direct or influence the behavior of others or the course of events.

Personal Brand

Your basket of strengths that makes you unique.

Patching Up

The act of repairing or fixing something, often temporarily, to make it operational or better than before.