Finance in Business Activity

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In 2019, the asset value declined by $27,209, which was a 7.44% change. Liabilities also declined by $10,550, which was a 4.08% change. Shareholders’ equity declined by $16,659 or 15.55%. Total revenue and income also declined by 2.04% and 7.2% respectively. The aforementioned changes would be negative from a shareholders’ point of view. The reason is because the most crucial areas of the company’s business experienced a decline. For ...