Question: If the total liabilities of a business decrease by 5 , 0 0 0 what will be the effect on total assets? ( assuming the
If the total liabilities of a business decrease by what will be the effect on total assets? assuming the amount of share capital remains the same
A Remain constant
B Decrease by
C Increase by
D Increase by
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
