A business can calculate the Assets of the business with the formula: Assets = Liabilities + Owner’s Equity.

If a company’s equity is $340,000 and liabilities are $195,000, what is the value of the company’s assets?

x = 12 Correct

Step-by-step explanation:

8x - 8 = 7x + 4

subtract variable 7x since its the smallest aswell as subtract variable 7x from 8x

we now have 1x - 8 = 4

to get rid of negative numbers we add, so add +8 to the -8 and the equals 4

we now have 1x=12

divide variable 1x by itself but only the number and the equals12

1x divided by 1 equals x and 12 divided by 1 equals 12

so your left with 12.