Register
A family has total assets of $240,000 and total liabilities of $180,000. What is thefamily's net worth?
14.9k views
13 votes
A family has total assets of $240,000 and total liabilities of $180,000. What is thefamily's net worth?

User Rui Cardoso
by
3.4k points

2 Answers

3 votes

Answer:

Hope it helps you.

$60,000

User Baiyan Huang
by
3.1k points
3 votes

Answer:

60k

Step-by-step explanation:

Subtract the family's liabilities from their total assets to give you their net worth.

User Aamir Rind
by
3.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.4m questions

4.4m answers

Other Questions

Stevenson Company purchased equipment for $250,000 on January 1, 2010. The estimated salvage value is $50,000, and the estimated useful life is 5 years. The straight-line method is used for depreciation.
In order to attract younger customers to the Lacoste brand of clothing, CEO Robert Siegel made all of the major decisions in product planning, distribution, and promotion. He asked for no input from his
Andrew doesn’t want to spend a lot of money on student loans, and does not qualify for grants. what is his best option for affording a bachelors degree
The Yum and Yee food truck near the business school serves customers during lunch hour by taking orders and making fresh batches of stir-fry. Customers have only one choice during the lunch hour so that
At first Rohan thought it was a good idea to offer a car repair pick-up service at his auto repair shop, but then he realized that most customers called Tow-It-Now Inc. and it would be difficult to match
Link Copied!