Question

50

TIME REMARANG
01:39:14
a
Over the period of a year, Sam's net worth increased. Which of the following could be true?
Sam's assets and abilities decreased by the same amount
Sam's assets and liabilities increased by the same amount
Sam's assets increased by more than his liabilities
Sam's assets decreased by more than his liabilities.
C
Please select the best answer from the choices provided
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D
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NEXE

Answer 1

Sam's assets increased by more than his liabilities

Explanation:

Net worth is the difference between assets and liabilities. If net worth increased, that difference increased. That is, assets increased more than liabilities.