Good morning I need some help with these practice questions that I just cant seem to get right, if whoever answers them can also give me a brief explanation of why is that the correct answer, I would greatly appreciate it .

Thank you

Question 1

0 / 4 pts

If total liabilities decreased by $5,000 during a period of time and stockholder's equity decreased by $30,000 during the same period, the amount and direction (increase or decrease) of the period's change in total assets is

$25,000 increase

$35,000 increase

$35,000 decrease

$25,000 decrease

Question 4

0 / 4 pts

A small company near loop 1604 pays $88,000 cash for some new equipment. The effect is

increase liabilities

decrease stockholder's equity

increase stockholder's equity

no change in total assets

Question 10

0 / 4 pts

The total assets and the total liabilities of a business at the beginning and at the end of the year appear below. During the year, $100,000 of dividends were paid and $45,000 cash received in exchange for common stock.

	Assets	Liabilities
Beginning of year	$295,000	$190,000
End of year	355,000	220,000

The amount of net income for the year was

$85,000

$45,000

$135,000

$40,000

Question 11

0 / 4 pts

If beginning stockholder's equity was $81,000, ending stockholder's equity was $43,000, and dividends were $16,000, the amount of net income or net loss was

net loss of $6,000

net income of $37,000

net loss of $22,000

net income of $8,000

Question 30

0 / 3 pts

Little Sam Services, Inc. has $8,500 cash, $3,500 Office Supplies, $13,000 Land, $5,000 Accounts Payable and $20,000 Common Stock. What is the debt ratio for the company?

41.67%

20%

16.67%

25%