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

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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  book-img-for-question

Focus On Personal Finance

ISBN: 9780073382425

3rd Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

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