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Blue fin started the current year with assets of $703,000, liabilities of $351,500 and common stock of $203,000. during the current year, assets increased by $403,000, liabilities decreased by $51,500 and common stock increased by $278,000. there was no payment of dividends to owners during the year. use the information above to answer the following question. what was the amount blue fin's change in total stockholders' equity during the year?
a. $454,500 increase
b. $148.500 increase
c. $278,000 increase
d. $226,500 increase
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Answers: 1
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Blue fin started the current year with assets of $703,000, liabilities of $351,500 and common stock...
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