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World-wide Financial Services, Inc. invested $27,000 to acquire 4,000 shares of Dawn Investments, Inc. on March 25. This investment represents less than 20% of the
World-wide Financial Services, Inc. invested $27,000 to acquire 4,000 shares of Dawn Investments, Inc. on March 25. This investment represents less than 20% of the investee's voting stock. On May 15, World-wide Financial Services, Inc. sells 2,750 shares for $12,250. In the accounting equation on May 15, O O A. total assets will increase B. total assets will remain unchanged C. total liabilities will decrease D. total equity will decrease
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