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Frequently Asked Questions

What is the basic formula?

The basic accounting formula is an equation that represents the relationship between assets, liabilities and an owner’s equity. This formula forms the building block or cornerstone for the double entry accounting system, and as is formulated as follows: Asset = Liability + Equity (Owner's Capital)

What are the benefits of Formula?

It provides natural antibodies that help your baby resist illnesses, such as ear infections. It's usually more easily digested than formula. So breastfed babies are often less constipated and gassy. It may lower the risk of sudden infant death syndrome in the first year of your baby's life.

What are all the math formulas?

Average formula: Let a1,a2,a3,......,an be a set of numbers, average = (a1 + a2 + a3,+......+ an)/n. Fractions formulas: Converting an improper fraction to a mixed number: Formula for a proportion: In a proportion, the product of the extremes (ad) equal the product of the means(bc), Thus, ad = bc.

Who is the owner of Formula 1?

SLEC Holdings was created as the holding company of the Formula One companies in 1996 when Bernie Ecclestone transferred his ownership of Formula One businesses to his wife, Slavica Ecclestone, in preparation for a 1997 flotation of the group.


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