At the beginning of the year, Tektron Company had total assets of $600,000 and total liabilities of $300,000. If the total assets increased $100,000 and the total liabilities decreased $70,000, what is the amount of stockholders’ equity at the end of the year?

Respuesta :

Answer:

what is the amount of stockholders’ equity at the end of the year is $470000

Explanation:

                    y1          Variation y2

Assets   600000 100000 700000

Liabilities 300000          -70000 230000

Equity 300000                  470000