Answer:
Paul has negative worth of $2,900
His statement is invalid as he did not consider all assets and debts in aggregate.
Step-by-step explanation:
The net worth of Paul is the total asset owned by him less the total of debts owed by him.
Paul's total assets can computed thus:
Stock portfolio $21,000
Home worth $365,000
Car worth $19,000
Total assets $405,000
Paul's total debts can be computed as follows:
Mortgage loan $362,000
Car loan $16,250
credit card debt $11,750
Student loan $17,900
Total debts $407,900
The amount of debts owed by Paul is $2,900($405,000-$407,900) more than his asset worth,which implies that Paul is indebted to the tune of $2,900,hence has negative worth.
Answer:
B: 54 square feet
Step-by-step explanation:
There are 3 feet in 1 yard. The scale model is 6 square yards.
Multiply 6 by 3 to get the amount of square yards.
There are 18 square yards in the actual playground.
Since there are 3 feet in a yard, multiply 18 by 3.
This gives you your answer:
54 square feet
Answer:
Step-by-step explanation:
1.5 + 1 13/16
O.5 = 1/2
(1+1)+(1/2 + 13/16)
2 + (8/16 + 13/16) = 2 21/16
Answer:
-8
Step-by-step explanation:
-72 / 9 = -8
