3 years ago

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

Mathematics

2 answers:

Katena32 [7]3 years ago

6 0

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.

kati45 [8]3 years ago

4 0

45321-32567=12754

The equity of your business is $12,754

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