A statement or item which is not included in a net worth statement is: B. $50 per month for a gym membership.
<h3>What is a
net worth statement?</h3>
A net worth statement is also referred to as a balance sheet and it can be defined as a type of financial tool that is designed and developed to show an individual's or business firm's financial position at a specific period of time.
This ultimately implies that, a net worth statement typically provides information about the financial position (dollar value) of what an individual or business firm own (assets) and what they owe such as liabilities or debts.
In Economics, the net worth of an individual or business firm can be calculated by using this formula:
Net Worth = Assets – Liabilities.
In conclusion, we can infer and logically deduce that "$50 per month for a gym membership" is a statement or item which is not included in a net worth statement.
Read more on net worth statement here: brainly.com/question/27218751
#SPJ1
Complete Question:
Which of the following is not included in a net worth statement?
A.$300 in a checking account.
B. $50 per month for a gym membership
C. Balances on credit cards total $15,000.
D.$400 per month for school loans; the current balance is $25,000.
I'm sure you can they might check it just for the safety of the passengers.
Answer:
c. 34
Explanation:
I just did the test and got it right
The material that absorbs the heat of the system is; water
<h3>What is Specific Heat Capacity?</h3>
The specific heat capacity of a substance is defined as the amount of heat that is required to raise the temperature of 1 Kg mass of body by a temperature of 1 K. Thus, the higher the specific heat capacity, the more the amount of heat that the body can absorb without a change in temperature.
In conclusion, the material that will absorb the heat of the system is water due to the fact that water has a higher specific heat capacity than all the other materials present.
Read more about Specific heat capacity at; brainly.com/question/26023752
