The Roth family has liquid assets of $10,000, use assets of $150,000 and investment assets of $34,000. They also have liabilitie
s totaling $108,000. If their total liabilities increase by $7,000 over the next year, by how much would the Roth family need to increase their assets in order to have a net worth of $100,000?
Assets=liability+owners equity (10000+150000+34000)=(108000+7000)+100000 194000=115000+100000 194000=215000 194000+21000=215000 215000=215000 So the answer is 21000
