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Complete the net worth statement by determining the total assets and total liabilities.What is the net worth? A 178,000 B 180,338 C 1,052,662 D 1,233,000

Complete The Net Worth Statement By Determining The Total Assets And Total LiabilitiesWhat Is The Net Worth A 178000 B 180338 C 1052662 D 1233000 class=

Sagot :

The total liabilities is $180,338

The total assets is  $1,233,000

The net worth is $1,052,662

What is the net worth, assets and liabilities?

Net worth is total assets less liabilities. Assets is the sum of liquid assets and non liquid assets. Liabilities is the sum of car loan and mortgage loan.

Assets = 178,000 + 1,055,000 = $1,233,000

Liabilities = 145,908 + 34,430 = $180,338

Net worth =  $1,233,000 - $180,338 = $1,052,662

To learn more about net worth, please check: https://brainly.com/question/27110299

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