12. at the beginning of 2016, yiwang plc had assets of ¥540,000 and liabilities of ¥320,000. during the year, assets increased by ¥50,000 and liabilities decreased by ¥10,000. what was the total amount of stockholders' equity at the end of 2016?

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.