Over the period of a year, Julie's net worth decreased. Which of the following could be true?

Mathematics

2 answers:

adelina 88 [10]2 years ago

6 0

Answer:

d. Julie's assets decreased by more than her liabilities.

Step-by-step explanation:

Net worth is the excess of assets over liabilities, there an individual's net worth is the sum total of all his assets minus liabilities. A corporation's net worth is also the corporation's total assets minus liabilities.

A corporation's net worth is also called owners equity which can also be computed by summing up the retained earnings and the capital contributed by the owners, less all its short- and long-term liabilities.

The net worth of an individual in this case Julie, can decrease if either the assets decreased without a corresponding decrease in liabilities or when the liabilities increase without a corresponding increase in assets.

denis-greek [22]2 years ago

4 0

Answer:

Step-by-step explanation:

I honestly don't know how to solve

You might be interested in

What’s the mean of all odd integers between 16 and 47

dybincka [34]

Answer:31

Step-by-step explanation: take all of the odd numbers between 16 and 47. To find the mean, or average, you add up all of your numbers and divide that number by how many numbers you started with. all of the odd numbers added together=465. divide that by the 15 odd numbers(divide by 15) and then you have your average.

5 0

2 years ago

Read 2 more answers

Whats the simpilest form of the ratio <br>48 min to 3 hours.

MArishka [77]

15:4.

Step-by-step explanation:

1 hour = 60 min

3 hours = 60 x 3 = 180 min

Ratio:

180/48

Simplest form 15/4