Solution-What was the amount of blue fin change in equity

What was the amount of blue fin change in equity

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Question - Blue Fin started the current year with assets of $840,000, liabilities of $420,000 and common stock of $240,000. During the current year, assets increased by $480,000, liabilities decreased by $60,000 and common stock increased by $330,000. There was no payment of dividends to owners during the year. What was the amount of Blue Fin's change in total stockholders' equity during the years?

$420,000 increase

$300,000 increase

$240,000 increase

$540,000 increase

Reference no: EM132270366

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What was the amount of blue fin change in equity

Reference no: EM132270366

Reference no: EM132270366

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