Bill and Ann have the following assets: Fair Market Value Home ............................................ $85 000 Cars .................................................. 22
Question:
Bill and Ann have the following assets:
Fair Market Value
Home ............................................ $85 000
Cars .................................................. 22 000
Furniture ........................................ 14 000
Stocks .............................................. 10 000
Savings account ............................ 5 000
Chequing account ........................ 1 200
Bonds .............................................. 15 000
Cash ...................................................... 150
Mutual funds ................................... 7 000
Land ................................................ 19 000
What is the value of their liquid assets? What is the value of their household assets? What is the value of their investments?
Step by Step Answer:
Value of liquid assets Savings account 5 000 Chequing account 1 200 ...View the full answer
