The stockholders' equity of Company at the beginning and end of totaled and , respectively. Assets at the beginning of were . If the liabilities of Company increased by in , how much were total assets at the end of ? Use the accounting equation.

$240,000

Explanation:

The Accounting Equation holds that;

Assets = Liabilities + Capital

At the Beginning of the year;

Assets were $151,000

Capital in the form of Equity was $123,000

Liability according to the Accounting Equation would be;

151,000 = Liabilities + 123,000

Liabilities = 151,000 - 123,000

= $28,000

At the end of the year, Liabilities increased by $72,000 and equity is now $140,000.

Assets would now be;

= Liabilities + Capital

= (28,000 + 72,000 ) + 140,000

= $240,000

c.

explanation:

regressive tax taxes the poor and less of the wealthy. this the rich get richer and the poor get more poor. this would create a large wealth gap.

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.