Answer:
a. Assets - Liabilities
Step-by-step explanation:
Assets/Liabilities is a management method to minimize risk. So, it cannot be the answer.
There is no formula like "Assets + Liabilities" and "Assets x Liabilities" in accounting to calculate the net worth. Therefore, those can be eliminated.
We know that net worth is calculated by deducting all liabilities (long-term and short-term) from net assets. Therefore, option (a) is the correct answer.
Answer:
I think C
Step-by-step explanation:
Answer:
6 weeks
Step-by-step explanation:
Total savings= $325
For every week, his total savings decrease by $28.
Let's form an expression for the amount of money left in his account after w weeks.
325 -28w= 157
28w= 325 -157
28w= 168
<em>Divide by 28 on both sides:</em>
w= 168 ÷28
w= 6
Thus, there are 6 weeks until he has $157.
