Ask Question
8 December, 11:50

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

+2
Answers (2)
  1. 8 December, 12:13
    0
    45321-32567=12754

    The equity of your business is $12,754
  2. 8 December, 12:47
    0
    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.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Your restaurant has assets of $45,321 and liabilities of $32,567. What is the equity of your business? ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers