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Question 8 (2 points) Rick's balance sheet Assets Liabilities and stockholders' equity Cash on hand $50 Credit card balance $500 Textbooks $250 Student loan balance
Question 8 (2 points)
Rick's balance sheet
| Assets | Liabilities and stockholders' equity | ||
| Cash on hand | $50 | Credit card balance | $500 |
| Textbooks | $250 | Student loan balance | $1,000 |
| Electronics | $300 | Total liabilities | A |
| Total assets | $600 | Net worth | B |
Choose a number to match the A and B:
A=
B=
| 1. | $600 |
| 2. | $1,500 |
| 3. | $3,000 |
| 4. | $ -900 |
| 5. | $2,000 |
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Financial Management Core Concepts
Authors: Raymond Brooks
4th Edition
134730417, 134730410, 978-0134730417
