Based on the following data, determine the amount of total assets, total liabilities, and net worth. Liquid
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Based on the following data, determine the amount of total assets, total liabilities, and net worth.
Liquid assets, $3,870
Current liabilities, $2,670
Long-term liabilities, $76,230
Investment assets, $8,340
Household assets, $87,890
a. Total assets $________________
b. Total liabilities $______________
c. Net worth $__________________
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Related Book For
Focus On Personal Finance
ISBN: 9780077861742
5th Edition
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
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