tiffany86402 tiffany86402
  • 14-12-2020
  • Mathematics
contestada

ASAP!!!!!!!
On the current balance sheet at the end of the first year, a business has $50,000 in total assets and $18,000 in total
liabilities. Compute the business equity at the end of the first year.

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kellemu kellemu
  • 14-12-2020
I think the answer is 32000
Why is that the Formula of equity is E= TA - TL
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