Question: 75 . Ambo Inc . earned $200 000 for the current year . This means A . Ambo's total assets increased $200 000 during the

 75 . Ambo Inc . earned $200 000 for the current

year . This means A . Ambo's total assets increased $200 000

75 . Ambo Inc . earned $200 000 for the current year . This means A . Ambo's total assets increased $200 000 during the year B . Ambo's earnings increased Ambo's net assets $200 ,100 during the yea C Ambo's cash increased $200 000 during the yea D . Ambo's retained earnings must be $200 100 more at December 31 than it was at January

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