Sawaddee Enterprises Began the Year with Total Assets of $450,000

question 195

Multiple Choice

Sawaddee Enterprises began the year with total assets of $450,000 and total liabilities of $230,000.If Sawaddee's total assets increased by $80,000 and its total liabilities increased by $57,000 during the year,what is the amount of Sawaddee's owners' equity at the end of the year?

• A)$197,000
• B)$543,000
• C)$243,000
• D)$220,000

---

Definitions:

On-The-Spot Interventions

Immediate actions taken in response to a situation or problem without prior planning.

Family System Equilibrium

The state of balance or stability within a family unit, where changes in one member's behavior can affect the entire system.

Rules

Prescribed directives or principles that govern the conduct of individuals within a society, organization, or system, ensuring order and fairness.

Diverse Families

familial groups that vary widely in composition, including differences in race, ethnicity, socioeconomic status, and structure.