Question: For example, Stimson Companys equity would be decreased by $180,000 (to $720,000) if assets were decreased by $40,000 (to $960,000) and liabilities were [increased /

For example, Stimson Company’s equity would be decreased by

$180,000 (to $720,000) if assets were decreased by $40,000 (to $960,000)

and liabilities were [increased / decreased] by $

(to $ ). If equity was $720,000 and net income was

$81,000, ROE would be$ %

$ %

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