Question: Current Attempt in Progress Swifty Corporation started the year with total assets of $314000 and total liabilities of $254000. During the year the business recorded





Current Attempt in Progress Swifty Corporation started the year with total assets of $314000 and total liabilities of $254000. During the year the business recorded $628000 in revenues, $334000 in expenses, and dividends of $58000. The net income reported by Swifty Corporation for the year was $294000 $564000. O $236000. O $174000. Current Attempt in Progress Blue Spruce Corp. started the month of June 2022 with total assets of $224000 and total liabilities of $123000. During June, the business recorded $325000 in revenues $154000 in expenses, and dividends of $59000. Stockholders' equity at the end of June was O $213000. O $123000. $198000. O $154000. Current Attempt in Progress Nash's Trading Post, LLC started the month of June 2022 with total assets of $205000 and total liabilities of $115000. During June, the business recorded $325000 in revenues $150000 in expenses, and dividends of $50000. The net income reported by Nash's Trading Post, LLC for the month of June was $155000. O $175000. O $180000. O $115000. Current Attempt in Progress If total liabilities increased by $81000 and stockholders' equity increased by $48000 during a period of time, then total assets must change by what amount and direction during that same period? $225000 increase o $129000 increase O $177000 increase O $129000 decrease View Policies Current Attempt in Progress Concord Corporation has current assets of $1590000 and current liabilities of $710000. If they pay $363000 of their accounts payable, what will their new current ratio be? O 1.4:1 O 2.2:1 0 3.5:1 O 4.6:1
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