1. Based on the following data, determine the amount of total assets, total liabilities, and net worth....

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1. Based on the following data, determine the amount of total assets, total liabilities, and net worth.

(LO2.2)

Liquid assets, $3,870 Current liabilities, $2,670 Long-term liabilities, $76,230 Investment assets, $8,340 Household assets, $87,890

a. Total assets $_____

b. Total liabilities $_____

c. Net worth $______

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Focus On Personal Finance

ISBN: 9781259919657

6th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

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Question Posted: Jul 24, 2024 05:00 AM

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1. Based on the following data, determine the amount of total assets, total liabilities, and net worth....

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Focus On Personal Finance

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