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Multiple Choice Question 133 If total liabilities decreased by $91000 and stockholders equity increased by $42000 during a period of time, then total assets must

Multiple Choice Question 133

If total liabilities decreased by $91000 and stockholders equity increased by $42000 during a period of time, then total assets must change by what amount and direction during that same period?

$133000 increase

$49000 decrease

$49000 increase

$91000 decrease

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