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4 . If assets increase $ 4 , 0 0 0 during a given period and liabilities decrease $ 8 0 0 during the same

4. If assets increase $4,000 during a given period and liabilities decrease $800 during the
same period, stockholders equity must have
a. increased $3,200
b. increased $4,800
c. decreased $4,800
d. decreased $3,200
e. none of the above

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