The Watson family has the following assets: A checking account with a six-month average balance of $6,200. 200 shares of stock with a market value of $25 per share. If they sold the stock, they would incur a 6% broker fee. A savings account with a current balance of $3,600. $10,000 cash in a safe deposit box at the bank. What is the total cash value of the Watson family's assets? A. $24,000 B. $24,500 c. $14,800 D. $14,500

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The total cash value of the Watson familys assets is 24500 Heres ... View the full answer