Question: Dicussion on this net worth statement for financial planning process ADEILA'S NET WORTH STATEMENT Assets Value Note Cash 2,000 Home 660,000 Personal content 62,000 Father's

Dicussion on this net worth statement for financial planning process

ADEILA'S NET WORTH STATEMENT

Assets

Value

Note

Cash

2,000

Home

660,000

Personal content

62,000

Father's car

15,000

Adeila's car

28,000

Inherit

350,000

Australian shares

3,020

Total asset

1,120,020

Liability

Home mortage

127,000

Credit card

28,000

limit 29,000

Total liability

155,000

NET WORTH

965,020

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!