Annie's Attic has the following account balances for the dates given: 
Also, its net income, for September 1 through September 30 was $20,000 and there were no investments or withdrawals by the owner. Determine the equity at both September 1 and September 30.
Definitions:
Return On Investment
A performance measure used to evaluate the efficiency of an investment or to compare the efficiency of multiple investments.
Move Time
The duration it takes to transfer materials or products from one phase of production to another.
Non-value-added Time
Time spent during the production process that does not directly contribute to the final value or quality of the product.
Return On Investment
A performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the net profit from the investment by its cost.
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