If the Liabilities of a Company Increased $74,000 During a Period

question 4

Multiple Choice

If the liabilities of a company increased $74,000 during a period of time and equity in the company decreased $19,000 during the same period,what was the effect on the assets?

• A)Assets would have increased $55,000.
• B)Assets would have decreased $55,000.
• C)Assets would have increased $19,000.
• D)Assets would have decreased $19,000.
• E)None of the choices are correct.

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Definitions:

Palpatory Method

Systolic blood pressure measured by using the sense of touch. This measurement provides a necessary preliminary approximation of the systolic blood pressure to ensure an adequate level of inflation when the actual auscultatory measurement is made.

Brachial Artery

An artery that provides a palpable pulse and audible vascular sounds in the antecubital space (the bend of the elbow).

Stethoscope

A medical instrument used for listening to the internal sounds of an organism's body, typically used for assessing heart, lung, and other organ sounds.

Cone-Shaped

Cone-shaped refers to an object or figure that has a circular base and tapers uniformly to a point, resembling a cone.