If cash decreases by $10,000 during the year, liabilities decrease by $5,000, and shareholders' equity increases by $5,000, what is the total change in noncash assets for the year?
A) a decrease of $5,000
B) an increase of $10,000
C) a decrease of $10,000
D) an increase of $5,000
E) an increase of $15,000
Correct Answer:
Verified
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