Question

Based on the balance sheet for April, offer two ways in which Janet and Omar can increase their owner

equity.

Answer 1

Hie your question has incomplete information

However, Owners Equity can be increased through the following ways,

Increasing Revenue and Income Related Items from the Company operations.

1. This entails increasing product prices
2. Also increasing production and sales quantities

Reducing Overhead Costs

1. Cutting on some expenses
2. Outsourcing if this gives a cost advantage
3. Utilizing Spare Capacity

Increasing Assets

1. This increases returns from operations

Reducing Borrowings

1. This reduces the finance charges

Step-by-step explanation:

The Above are ways to increase owners equity.