Question
At the beginning of a recent year, JetBlue's assets were $4,843 million and its equity was $952 million. During the year, assets increased (decreased) by
At the beginning of a recent year, JetBlue's assets were $4,843 million and its equity was $952 million. During the year, assets increased (decreased) by $755 million and liabilities increased (decreased) by $671 million. What was JetBlue's equity at the end of the year?
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
5th edition
134128524, 978-0134128528
