Answer:
Step-by-step explanation:
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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Answer:
2
Step-by-step explanation:
x / (3y)
Let x = 18 and y = 3
18 / ( 3*3)
Determine the denominator first
18 / ( 9)
Divide
2