The fraction form of this is 40/3, decimal form is 13.3 infinite.
Use whichever form your teacher wants you to use. (Refer to the image for the steps)
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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899/7.....if u plug this into a calculator u will get 128.(and a bunch of decimal numbers).....but u have the whole number 128....so 128 x 7 = 896 + 3 = 899
so the answer to this problem is basically : 899/7 = 128 remainder 3
x=4.75
6×4.75=28.5
15×4.75-12=59.25
19×4.75+2=92.25
28.5+59.25+92.25=180
m<MNI= 92.25
I think this is right. I hope that it was helpful:)