During 2007,a company's assets rise $56,000 and its liabilities rise $38,000.If no dividend is paid and no further capital is contributed,shareholders' equity would:

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Shareholders' equity is calculated as assets - liabilities. If assets rise $56,000 and liabilities rise $38,000, then shareholders' equity would rise by $18,000 ($56,000 - $38,000).

During 2007,a Company's Assets Rise $56,000 and Its Liabilities Rise