Based on the following data, determine the amount of total assets, total liabilities, and net worth. (Obj.
Question:
Based on the following data, determine the amount of total assets, total liabilities, and net worth. (Obj. 2)
Liquid assets, $3,670 Investment assets, $8,340 Current liabilities, $2,670 Household assets, $89,890 Long-term liabilities, $76,230
a. Total assets $___________________
b. Total liabilities $___________________
c. Net worth $___________________
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Related Book For
Focus On Personal Finance
ISBN: 9780073382425
3rd Edition
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
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