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lyudmila [28]
2 years ago
7

Suppose you are working on the balance sheet for your business. You need to determine your equity as an owner. Consider the foll

owing details: Total assets: $37,777 Total liabilities: $16,575 How would you determine your equity as the business owner? Explain the process you would take to determine the owner's equity. Provide two examples of assets and two examples of liabilities. Finally, provide the dollar value of owner's equity, given the dollar figures above.
Advanced Placement (AP)
1 answer:
IRINA_888 [86]2 years ago
6 0

Assuming Total assets is $37,777  and Total liabilities is $16,575. The  dollar value of owner's equity is $21,202.

<h3>What is equity?</h3>

Equity can be defined as total  assets minus total liability.

Owner equity can be calculated using this formula

Equity=Total assets- Total liabilities

Equity=$37,777-$16,575

Equity=$21,202

Examples of assets are:

  • Building
  • Equipment

Examples of liabilities are:

  • Interest payable
  • Accrued wages

Inconcludion the  dollar value of owner's equity is $21,202.

Learn more about equity here:brainly.com/question/14032844

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Answer:

works cited page

Explanation:

The Works Cited page is the list of sources used in the research paper. It should be its own page at the end of the paper.

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3 years ago
Particle x moves along the positive x-axis so that its position at time t ~ 0 is given by x(t) = 5t 3 - 9t 2 + 7. at what time t
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Answer: 1.2 seconds

Explanation:

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$$Thus, at $t=1.2 \mathrm{~s}$ particle will be at the farthest point. \\\\\underline{Justification:}\\The particle moves towards the left from $t \in[0,1.2)$. After that particle keeps moving in  the positive x-direction.

5 0
2 years ago
You will be asked to provide all of the following personal information as part of your college application except:
Nookie1986 [14]

Answer:

B. Your religious affiliation

Explanation:

The first part of your college application process includes providing your personal information. The basic information should include your:

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Answering questions about your sex or gender and ethnic affiliation is usually optional and does not affect your application process. You will not be asked to provide information about your religious affiliation at all.

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3 years ago
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3 years ago
What do scientists measure for forces?
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The scientists need to measure for forces are magnitude and direction.

<h3>What is Force?</h3>

The force is defined as the external effort applied in the form of push or pull to cause the acceleration of a body.

Mathematically it is expressed as the product of mass and acceleration of an object.

therefore standard expression for the force as per Newton's second law is given as,

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a is the magnitude of the acceleration of the body.

Also, the force is a vector quantity that has significance for its magnitude as well as the direction.

So scientific analysis regarding the force needs its magnitude along with the direction of application.

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Learn more about Newton's second law here:

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