Based on the amount of equity and that of assets, the percentage funded by owners is 29.4%.
What is the Percentage financed by owners?
This can be found by the formula:
= Equity / Assets x 100%
Solving gives:
= 6,702,500 / 22,825,084 x 100%
= 29.4%
In conclusion, 29.4% is financed by the owners.
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