A statement or item which is not included in a net worth statement is: B. $50 per month for a gym membership.
<h3>What is a
net worth statement?</h3>
A net worth statement is also referred to as a balance sheet and it can be defined as a type of financial tool that is designed and developed to show an individual's or business firm's financial position at a specific period of time.
This ultimately implies that, a net worth statement typically provides information about the financial position (dollar value) of what an individual or business firm own (assets) and what they owe such as liabilities or debts.
In Economics, the net worth of an individual or business firm can be calculated by using this formula:
Net Worth = Assets – Liabilities.
In conclusion, we can infer and logically deduce that "$50 per month for a gym membership" is a statement or item which is not included in a net worth statement.
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Complete Question:
Which of the following is not included in a net worth statement?
A.$300 in a checking account.
B. $50 per month for a gym membership
C. Balances on credit cards total $15,000.
D.$400 per month for school loans; the current balance is $25,000.
Answer:
96.15
Explanation:
when reacting with Na with Cl2, we calculated that the theoretical yield should be 13.0 grams. our actual yield was 12.5 grams. what is the percent yield? 96.15
The sentence given can be corrected by adding an extra ‘s’ to the word misspelled and make the correction to the spelling.
<h3>What is a sentence?</h3>
A sentence is given as the collection of the phrases and the words with the use of the correct punctuations and the grammar adding to contribute a meaning to a sentence.
The given sentence is given with the words along with the correct use of the punctuations. The incorrect words is the spelling of mispelled, by adding an extra ‘s’ to the word and writing the correct spelling of misspelled the sentence can be correct.
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