Question

11. David's net worth is $45,765.78 and his assets have a value of

$62,784.14. If his assets increase by $2,784.89 and his liabilities
decrease by $3,742.36, what is his net worth?
$69,311.39
$44,808.31
His net worth will not change.
$52,293.03
CLEAR ALL

Answer 1

the last one

Explanation:

Answer 2

• D. $52293.03

Explanation:

Initial values

• Net worth is $45765.78
• Assets $62784.14

Liabilities:

• $62784.14 - 45765.78 = $17018.36

New values

Assets increase:

• $62784.14 + $2784.89 = $65569.03

Liabilities decrease:

• $17018.36 - $3742.36 = $13276

His net worth:

• $65569.03 - $13276 = $52293.03

Correct choice is D