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

question 122

Multiple Choice

Sawaddee Enterprises began the year with total assets of $450,000 and total liabilities of $230,000.If Sawaddee total liabilities increased by $31,000 and its owners' equity decreased by $53,000 during the year, what was the amount of its total assets at the end of the year?

• A) $472,000
• B) $242,000
• C) $198,000
• D) $428,000

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Definitions:

Sociolinguistic Cultural Markers

Aspects of language use that indicate the cultural identity or social group membership of the speaker.

Ingroup Identification

Ingroup identification is the psychological process of aligning oneself with the norms, values, and behaviors of one's reference group, enhancing feelings of belonging and identity.

Expressive Intensity

The degree of strength or forcefulness with which emotions are expressed or communicated.

Acculturative Stress

The psychological impact of adaptation to a new culture, which can result in anxiety, depression, and identity confusion.