Question: True or False: When purchasing an asset, net worth is impacted depending on if you buy the asset with cash or with a loan. Select

True or False: When purchasing an asset, net worth is impacted

True or False: When purchasing an asset, net worth is impacted depending on if you buy the asset with cash or with a loan. Select one: True False Explanation: Exchanging cash (an asset) or loans (liability) for another asset would not change the net worth. The correct answer is 'False

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