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sweet [91]
3 years ago
10

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

Advanced Placement (AP)
2 answers:
olchik [2.2K]3 years ago
6 0

Answer:

Julies assets decreased

Explanation:

dlinn [17]3 years ago
3 0

Answer: Julie's assets decreased by more than her liabilities.

Explanation:

Assets are simply the resources that a person or company has while liabilities has to do with the debt that the economic agent owes others.

The reason for the decrease in the net worth of Juliet will be when the value of her debt increased more than the rate at which her asset increased. In this case, Julie's assets decreased by more than her liabilities.

The correct option is D.

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