Based on the following data, compute the total assets, total liabilities, and net worth. Balance Sheet...

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Based on the following data, compute the total assets, total liabilities, and net worth. Balance Sheet Liquid assets Investme

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Answer 1

Answer #1

Total assets= $125,360

Total liabilities=$78,900

Net worth=$46,460

Details as follows:

В 1 Liquid assets 2 Investment assets B 3 Household assets 4 Total assets D=A+B+C 5 Current Liabilities 6 Long term liabiliti

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Answer 2

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