The amount of stockholders’ equity as of August 31 of the current year is $26400.
<h3>How to calculate the equity?</h3>
The owner's equity will be:
= Cash + Supplies + Equipment - Account payable
= 27900 + 900 + 8500 - 7300
= 26400
Therefore, the amount of stockholders’ equity as of August 31 of the current year is
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I think this question is asking for the closest number to 500,000, which is 533,736. I don't know how to show work for this, except for saying this number is about 33,000 away from 500,000 which is the closest out of 429,455, 441,689, 533,736, and 550,198.
Your problem is too spaced out too understand! Next time make sure he spacing is more understandable and readable! sorry
Answer:Arnold earns $87 of interest in 5 years.
Step-by-step explanation:
It should be C. richer scale