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8090 [49]
3 years ago
7

3. Odette has $50,000 in cash, two U.S. Treasury Bonds with a combined face value of $500, a home worth $100,000, and asset-rela

ted liabilities in the amount of $75,000. What is her current net worth
Business
1 answer:
snow_lady [41]3 years ago
4 0

Answer:

her current net worth is $75,500

Explanation:

The computation of the her current net worth is shown below:

As we know that

Net worth is

= Total assets - total liabilities

= ($50,000 + $500  + $100,000) - ($75,000)

= $150,500 - $75,000

= $75,500

Hence, her current net worth is $75,500

We simply deduct the liabilities from the asset to determine the net worth

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Answer:

D

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Answer:

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