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SashulF [63]
1 year ago
15

Flash has beginning equity of $257,000, net income of $51,000, withdrawals of $40,000 and investments by owners of $6,000. Its e

nding equity is:
Mathematics
1 answer:
Margaret [11]1 year ago
7 0

The net equity is $274,000. Option D  is correct.

Given that,
Flash has beginning equity of $257,000, net income of $51,000, withdrawals of $40,000, and investments by owners of $6,000. Its ending equity is to be determined.

<h3>What is equity?</h3>

Equity is defined as the worth that would be yielded to a business's shareholders if all of the investments were liquidated and all of the corporation debts were settled. equity as a phase of residual privilege in a business or investment after deducting all deficits associated with that investment.

Here,
Flash has beginning equity of $257,000, net income of $51,000, withdrawals of $40,000 and investments by owners of $6,000.

= $257,000 + $51,000 - $40,000 + $6000
=  $274,000

Thus, the net equity is $274,000. Option D  is correct.

Learn more about equity here:
brainly.com/question/13278063
#SPJ1

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Answer:

State C : $30.9 Million       State D : $25.7 Million

Step-by-step explanation:

It may help to just forget about the word "million" and focus on the decimal number part,so one you get the deciaml number you can just put the word million after it as your answer.

First do 56.6 divided by 2, which equals 28.3. Since it said that State C spends 2.6 million more, you hvae to add 28.3 and 2.6 together, which also equals 30.9. So now you know State C spends $30.9 million total. In order to find out how much money State D sends, you have to do 56.6 - 30.9,which comes up to 25.7. So finnaly you know that State C spends 30.9 million dollars and State D spends 25.7 million dollars.

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The sums range from 2 to 12 of which 6 are even out of 11 possible sums.
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