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25 December, 09:23

Lisa has the following assets and liabilities. What is her net worth?

Assets Liabilities

car - $3,500 car loan - $3,000

savings account - $1,000 credit card - $500

cash - $80

video camera - $120

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Answers (1)
  1. 25 December, 09:38
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    Net worth = assets-liability

    NW = (3,500+1,000+80+120) - (3,000+500)

    Nw=1,200
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