MSmokes2021 MSmokes2021
  • 29-10-2018
  • Mathematics
contestada

Your restaurant has assets of $45,321 and liabilities of $32,567. What is the equity of your business?

Respuesta :

wegnerkolmp2741o
wegnerkolmp2741o wegnerkolmp2741o
  • 29-10-2018

45321-32567=12754

The equity of your business is $12,754

Answer Link
eudora eudora
  • 16-08-2019

Answer:

Equity of the business = $12754

Step-by-step explanation:

The equity of any business is calculated by the formula

Equity = Assets of the company - liabilities of the company

= 45321 - 32567

= $12754

Therefore, The equity of my business will be $12754.

Answer Link

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