Value
Assets
Mathematics, 08.03.2021 19:20 zitlays
19 Phillip created the net worth statement shown.
Net Worth Statement
Value
Assets
House (current value)
Checking account
Automobile
Investments
Total Assets
$85,000
$2,500
$18,500
$7,000
$113,000
Liabilities
Mortgage
Credit card debt
Total Liabilities
$62,000
$9,500
$71,500
Based on the information in the statement, what is Phillip's net worth?
A $184,500
B $41,500
C-$71,500
D-$41,500
Answers: 1
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19 Phillip created the net worth statement shown.
Net Worth Statement
Value
Assets
Value
Assets
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