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5 votes
• The financial statement shown below was created by Ms. Wáng.

Net Worth
Assets
Liabilities
$65,500
Student Loans
$32,650
Condo (current value)
Car (current value)
$8,750
Credit Card Debt
$1,125
Stock Investments
$42,250
Medical Loans
$3,585
Cash
$6,350
Total Liabilities
$37,360
Furniture & Appliances
$12,500
Total Assets
$135,350
Based on the information in the statement, what is Ms. Wang's net worth?
A $97,990 B $135,350 C $102,700 D $172,710

• The financial statement shown below was created by Ms. Wáng. Net Worth Assets Liabilities-example-1

1 Answer

1 vote

Answer:

Answer: A (97,990)

Explanation:

135,350 (Total Assets) - 37,360 (Total Liabilities) = 97,990

User GSala
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