Answer:
Equity of the business = $12754
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.
45321-32567=12754
The equity of your business is $12,754
9.4m questions
12.2m answers