dividends for the year 100000

sales revenue 750000

expenses 500000

shares issued and sold for 200000

Change in owners equity is 350000 euro

In addition to the above, we also know that the assets increased by 900000 during the year since the company bought new buildings and equipment

b) how much was the change in liabilities? show all calculations

The owners equity of the business was 500000 euro at the beginning of the year and liabilities at the end of the year are 600000 euro.

c)Discuss how the solvency of the company has changed during the year. Show all your calculations along with formula used and also discuss