Dante listed his assets and liabilities on a personal balance sheet.
Dante's Balance Sheet (August 2013)
Assets
Liabilities
cash
$900
credit card
$4,000
investments
$1,100
student loan
$1,000
house
$150,000
mortgage
$100,000
car
$8,000
car loan
$5,000
Total
Total
Which statement is true about the value of Dante's assets and liabilities?
He has $50,000 more in assets than in liabilities.
He has $50,000 more in liabilities than in assets.
He has $110,000 more in liabilities than in assets.
He has $160,000 more in assets than in liabilities.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Dante listed his assets and liabilities on a personal balance sheet. Dante's Balance Sheet (August 2013) Assets Liabilities cash $900 ...” in 📗 Advanced Placement (AP) if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Water is a polar molecule, meaning it has a charge due to equal sharing of electrons. True or false
Answers (1)
50 ppm (50 mg/kg) is equal to 0.005%. How many ppm is equal to 5%?
Answers (1)
What is a practical use of classical conditioning? 1.) People on diets can learn to recognize when they have already paired their hunger signals with the sight of a restaurant. 2.) People can train their dogs with good behavior. 3.
Answers (1)
Music// Which percussion instrument does not have definite pitch? A.) snare drum B.) timpani C.) chimes D.) glockenspiel
Answers (2)
When DNA is replicating where do the DNA nucleotides in the NEW strands come from?
Answers (1)
New Questions in Advanced Placement (AP)
Based on this lesson's concepts, what are some possible solutions that would allow for greater equality in global economic development?
Answers (2)
Which Number does not fit in the Series; 1, 2, 3, 5, 7, 9, 11, 13, 17, 19, __ A) 15 B) 9 C) 4 D) 19 E) 13 F) 2 G) 17 H) 11
Answers (1)
A drug dealer was using a public telephone booth to make a drug transaction. The police used listening devices to hear the suspectś conversation. Would the officerś evidence be admissible in court?
Answers (1)
Vitamins are macronutrients. (T/F)
Answers (2)
What type of wave does the snake's body make as the snake moves forward?
Answers (1)