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Homework 1 Saved 33 Based on the following data, compute the total assets, total liabilities, and net worth. 10 points Balanc
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Answer #1

Total assets = Liquid assets + Investment assets + Household assets Total liabilities = Current liabilities + Long term liabi

B B A 1 Balance Sheet 2 Total assets 3 Total liabilities 4 Net worth $ 119,710 $ 82,110 $ 37,600

A B 1 Balance Sheet 2 Total assets =5010+15100+99600 3 Total liabilities =2710+79400 4 Net worth =+B2-B3

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