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3 votes
Carmelita recently purchased a home entertainment center with cash. Which of the following would best describe this purchase in terms of Carmelitas net worth?

Household asset
Investment
Current liability
Long term liability

2 Answers

3 votes

Answer:

Household asset

User R Zeal
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3 votes
Carmelita recently purchased a home entertainment center with cash. Which of the following would best describe this purchase in terms of Carmelitas net worth?

Household asset.
User Shrikant Shetty
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6.3k points