Company X on January 1, 2022 has the following financial position Assets of VND 20,000 million Liabilities to pay 1 4 of assets, at the end of the year on December 31, 2022 Company assets increased by 300 million, Equity decreased by 100 million Request a Calculate the value of company x 's liabili...

Company X on January 1, 2022 has the following financial position: Assets of VND 20,000 million Liabilities

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Company X on January 1, 2022 has the following financial position:
Assets of VND 20,000 million
Liabilities to pay 1/4 of assets, at the end of the year on December 31, 2022.
Company assets increased by 300 million, Equity decreased by 100 million.

Request:
a. Calculate the value of company x's liabilities as of December 31, 2022
b. Name 3 possible reasons for the change in equity in 2022

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: May 27, 2023 03:20 PM

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Company X on January 1, 2022 has the following financial position: Assets of VND 20,000 million Liabilities

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a To calculate the value of Company Xs liabilities as of December 31 2022 we need to find 14 of the ... View the full answer

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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