At the Beginning of 2016, a Corporation Had Assets of $270,000

question 98

Multiple Choice

At the beginning of 2016, a corporation had assets of $270,000 and liabilities of $160,000. During 2016, assets increased $25,000 and liabilities increased $5,000. What was stockholders' equity at December 31, 2016?

• A)$140,000.
• B)$130,000.
• C)$190,000.
• D)$80,000.

Identify the administrative and developmental reasons for conducting performance appraisals.

Comprehend the impact of perceptual errors on the accuracy of performance appraisals.

Assess the reliability and validity of performance appraisal processes.

Understand the role of self-appraisals and 360-degree feedback in the appraisal process.

---

Definitions:

Desire

A strong feeling of wanting to have something or wishing for something to happen.

Workplace Change

Modifications or transformations within the work environment, potentially affecting processes, policies, or staff.

Proposed Change

Refers to a suggestion or plan put forward to alter a current process, system, product, or policy.

Supervisor

A person who manages or directs the work of others, typically in a professional setting.