44.8k views
12 votes
After creating the balance sheet, Roberto decided to use his investments to pay off his car loan. How will that decision affect the difference between his assets and liabilities? It will make the assets $5,000 less than the liabilities. It will make the assets $5,000 more than the liabilities. The difference between the assets and the liabilities will remain the same. The difference between the assets and the liabilities cannot be compared.

User Azpiri
by
5.9k points

2 Answers

13 votes

Answer:

Explanation:

The difference between the assets and the liabilities cannot be compared.

User Andreas Bakurov
by
5.8k points
5 votes

Answer: D

Explanation:

User Lostiniceland
by
6.1k points