00:04
Hello students, in this question, we have to find out the shareholder equity with the information given in the question.
00:10
So first of all, we have to find out the liabilities with the given data.
00:15
So we will be finding liabilities with the accounting equation which is as assets is equal to liabilities plus shareholders equity.
00:34
So in the question, assets are given to us $1 ,50 ,000 and liabilities are unknown to us.
00:41
So we will represent it with l and shareholders equity are given to us $60 ,000.
00:47
So by solving this, we will get liabilities is equal to $90 ,000.
00:54
Now in the question, it is given that our assets have been increased by 15 % and our liabilities has decreased by 20%.
01:05
So the same amount we will gonna decrease and increase.
01:09
So assets will be new assets will be $1 ,50 ,000 into 15 % we will get by adding, by determining this we will get the total new assets will be $172 ,500...