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25 votes
Phillip created the net worth statement shown

Net Worth Statement
Assets
House (current value)
Checking account
Automobile
Investments
Total Assets
Value
$85,000
$2,500
$18,500
$7,000
$113,000
Liabilities
Mortgage
Credit card debt
Total Liabilities
$62,000
$9,500
$71,500
Based on the information in the statement, what is Phillip's net worth?
Answer
А
$184.500
B
$41.500
C-$71.500
D-$41.500

User Clarissa
by
5.1k points

1 Answer

10 votes

Answer:B

Step-by-step explanation: 113,000 - 71,500 = 41,500

User Mehrzad Chehraz
by
5.6k points