Blue Fin started the current year with assets of $$703,000,$ liabilities of $$351,500$ and common stock of $$203,000.$ During the current year, assets increased by $$403,000,$ liabilities decreased by $$51,500$ and common stock increased by $$278,000.$ There was no payment of dividends to owners during the year.

What was the amount of Blue Fin's change in total stockholders' equity during the year?

Answer rating: 100% (QA)

Change in Stockholders Equity for Blue Fin We can calculate the change in total stockholders equity ... View the full answer