Question by Quetondra Dailey: Personal Finance Help With This Problem?
Computing Balance Sheet Amounts: For each of the following situations, compute the missing amounts.
a. Assets $ 45,000; liabilities $ 16,000; net worth $ ___________.
b. Assets $ 76,000; liabilities $ ___________; net worth $ 18,700.
c. Assets $ 34,280; liabilities $ 12,965; net worth $ ______________.
d. Assets $ ___________; liabilities $ 38,345; net worth $ 52,654.
Best answer:
Answer by Judy
Assets – liabilites = net worth
Follow the formula
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