1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
BigorU [14]
3 years ago
11

Lana owns a house worth $325,000 and has a mortgage of $245,000. She owns a guitar worth $750. She also owns a car worth $15,000

and has $9,000 in car loans. She has $8,000 in stock investments and $2,100 in a savings account. What is Lana’s net worth?
Business
2 answers:
patriot [66]3 years ago
9 0

Net worth = total assets - total liabilities

Your net worth is all of the non-financial and financial assets that a person or unit own minus all of the outstanding liabilities.

An asset is anything of value and a liability is all debt owed.

Total assets

325,000 (house) + 750 (guitar) + 15,000 (car) + 8,000 (investments) + 2,100 (savings)

=350,850

Total liabilities

245,000 (mortgage) + 9,000 (car loans)

=254,000

Net worth

350,850 − 254,000

=96,850

zloy xaker [14]3 years ago
5 0
Net worth=total assets-total liabilities

Total assets
325,000+750+15,000+8,000+2,100
=350,850

Total liabilities
245,000+9,000
=254,000

Net worth
350,850−254,000
=96,850

Hope it helps!
You might be interested in
3:Leo's rent is due a few days before he expects to receive his paycheck from work. He takes out a
Lady_Fox [76]

Answer:

I think I think it will be 2:35 or 2:50

4 0
3 years ago
The following data were selected from the records of Sykes Company for the year ended December 31, Current Year.
NISA [10]
F I hope I was able to help u
7 0
3 years ago
Marketing traditionally has been divided into a set of four interrelated decisions and consequent actions known as the?
My name is Ann [436]

Marketing traditionally has been divided into a set of four interrelated decisions and consequent actions known as the marketing mix

This is further explained below.

What is the marketing mix?

Generally,  The marketing process has historically been broken down into a series of four choices and subsequent actions that are together referred to as the marketing mix.

In conclusion, The "marketing mix" is a program made for businesses that have traditionally centered around the product, price, put, and promotion. The term "marketing mix" refers to this model.

Read more about the marketing mix

brainly.com/question/13495504

#SPJ1

5 0
2 years ago
How do consumer expectations affect demand?
daser333 [38]

If the consumer expected price increase for any reason in such good he will buy it before the time he expects to apply for that increase.
5 0
3 years ago
Whats the purpose for people to connect to products
MAVERICK [17]
So they will want to buy them if someone sees a product they like and maybe feels a connection to buy it then they will buy it
7 0
3 years ago
Read 2 more answers
Other questions:
  • You sit on the board of a public corporation. Your CEO has proposed taking steps to offset the carbon impact of your​ company's
    9·2 answers
  • Everal small vineyard owners in the Napa Valley region of California banded together to market their grapes and wine in an attem
    5·1 answer
  • Employees at Brazil-based company Seneco are permitted to control their work hours, location, and even pay plans. Employees also
    15·1 answer
  • What is the most important about the Finance Manager of an agency?
    15·1 answer
  • Criminal law defines crimes, establishes punishments, and includes payment for personal injury.
    13·1 answer
  • Rusty Corporation purchased a rust-inhibiting machine by paying $54,500 cash on the purchase date and agreed to pay $10,900 ever
    8·1 answer
  • Which organization developed and published the first curriculum that served as the guideline for EMT training?
    15·1 answer
  • Benefits for organizations that successfully implement supplier relationship management can include
    11·1 answer
  • Given an expected market return of 12.0%, a beta of 0.75 for Benson Industries, and a risk-free rate of 4.0%, what is the expect
    6·1 answer
  • What are different occupations in tourism?​
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!