Worldminuswide Financial Services, Inc. invested $30,000 to acquire 6,250 shares of Dawn Investments, Inc. on...
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Worldminuswide Financial Services, Inc. invested $30,000 to acquire 6,250 shares of Dawn Investments, Inc. on March 15, 2016. This investment represents less than 20% of the investee's voting stock. On May 7, 2019, Worldwide Financial Services, Inc. sells 3,000 shares for $14,250. In the accounting equation on May 7, 2019, ________.
A. total assets will increase
B. total assets will remain unchanged
C. total equity will decrease
D. total liabilities will decrease
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