If total liabilities decreased by 46000 during a period of time and stockholders' equity increased by 60000 during the same period the amount and direction (increase or decrease) of the period's chang?

The total change in the company's financial position can be calculated by adding the decrease in total liabilities to the increase in stockholders' equity. In this case, a decrease of $46,000 in liabilities combined with an increase of $60,000 in equity results in a net increase of $14,000 in the company's overall financial position. Therefore, the period's change is an increase of $14,000.