Question

Mr Chavez has assets of S250.000 and liabilities of $18 000 Hedecides to finance the entire amount of tho purchase of a carvalued at S20000 Which of the followung is true?a Mr Chavez increased his assetsb Mr Chavez increased his net worthc Chavez ncreased both his Bssets and not worthd Mr Chavez did not increase his assets or his net worth

Answer 1

Answer:

the answer is d

Explanation:

Answer 2

The right answer for the question that is being asked and shown above is that: "Mr Chavez did not increase his assets or his net worth."
Mr Chavez has assets of S250.000 and liabilities of $18 000 Hedecides to finance the entire amount of tho purchase of a carvalued at S20000. That statement is true.