UT Corporation has the following (incomplete) balance-sheet statement (all values are in million dollars): Balance Sheet Assets 2020 2019 Current assets 155 143 Fixed assets 655 560 Liabilities and Shareholders' Equity Current liabilities 119 51 Long-term debt 511 494 What is the percentage growth in the shareholders' equity between 2019 and 2020? (your answer

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UT Corporation has the following (incomplete) balance-sheet statement (all values are in million
dollars):
Balance Sheet
Assets
2020
2019
Current assets
155
143
Fixed assets
Liabilities and Shareholders' Equity
Current liabilities
655
560
119
51
Long-term debt
511
494
What is the percentage growth in the shareholders' equity between 2019 and 2020? (your answer
must be rounded off to the nearest %, i.e., no decimal places)
Transcribed Image Text:UT Corporation has the following (incomplete) balance-sheet statement (all values are in million dollars): Balance Sheet Assets 2020 2019 Current assets 155 143 Fixed assets Liabilities and Shareholders' Equity Current liabilities 655 560 119 51 Long-term debt 511 494 What is the percentage growth in the shareholders' equity between 2019 and 2020? (your answer must be rounded off to the nearest %, i.e., no decimal places)
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