Deandre Willis is single and owns a hair salon. He has calculated the following assets and liabilities. Find DeAndre‘s net worth. ASSETS
- current value of the hair salon: $180,000
- current value of car: $12,500
- checking account balance: $1,300
- combined savings: $18,000
- balance in retirement account: $30,000
- current value of owned electronics: $20,000

LIABILITIES
- remaining balance on mortgage: $120,000
- remaining balance on personal loan: $4,600
- combined credit card debt: $23,000

Given the value of DeAndre‘s assets and liabilities, his net worth is $114,200.

Net worth is the value of the assets less the liabilities.

Net worth = assets - liabilities

Assets = $180,000 + $12,500 +  $1,300 + $18,000 + $30,000 + $20,000= $261,800

Liabilities = $120,000 + $4,600 + $23,000 = $147,600

Net worth = $261,800 -  $147,600 = $114,200

the ratio of white tiles to blue tiles is 48: 16. the ratio in it's simplest form is 3: 1.

step-by-step explanation:

ratio: take the first number and add a colon next to it, then add the second number after that. make sure the ratio order matches up with the written problem!

simplest form: we can simplify the ratio 48 : 16 by dividing both terms by the greatest common factor (gcf).

the gcf of 48 and 16 is 16.

divide both terms by 16:

48 ÷ 16 = 3

16 ÷ 16 = 1

reducing to simplest form:

48 : 16 = 3 : 1