Shellys assets include money in the checking and saving accounts, investments in stocks and mutual funds, and

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Shelly’s assets include money in the checking and saving accounts, investments in stocks and mutual funds, and personal property, such as furniture, appliances, an automobile, a coin collection, and jewelry. Shelly calculates that her total assets are $108,800. Her current unpaid bills, including an auto loan, credit card balances, and taxes, total $16,300. Calculate Shelly’s net worth. (Obj. 1)

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Focus On Personal Finance

ISBN: 9780073382425

3rd Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

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