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Which of the following situations describes a person who could be insolvent? Multiple Choice O Assets $56,800; annual expenses $62,500 Assets S78,800; net worth $24,500

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Which of the following situations describes a person who could be insolvent? Multiple Choice O Assets $56,800; annual expenses $62,500 Assets S78,800; net worth $24,500 O Liabilities $45,800; net worth $8,500 Assets $40,800; liabilities $47,500 Annual cash inflows $45,800; liabilities $52,500

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