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16 February, 07:30

For each of the following situations, compute the missing amount. a. Assets $ 67,500 - Liabilities $ 15,500 = Net worth $ b. Assets $ 85,000 - Liabilities $ = Net worth $ 22,700 c. Assets $ 35,280 - Liabilities $ 13,215 = Net worth $ d. Assets $ - Liabilities $ 39,845 = Net worth $ 55,154

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  1. 16 February, 08:15
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    a. Assets $ 67,500 - Liabilities $ 15,500 = Net worth $52,000

    b. Assets $ 85,000 - Liabilities $62,300 = Net worth $ 22,700

    c. Assets $ 35,280 - Liabilities $ 13,215 = Net worth $22,065

    d. Assets $94,999 - Liabilities $39,845 = Net worth $ 55,154

    Explanation:

    Net worth of the business is the net value of assets after paying liabilities. It can be calculated by following formula

    Net worth = Total Assets - Total Liabilities

    a. Assets $ 67,500 - Liabilities $ 15,500 = Net worth $52,000

    Net worth = Assets - liabilities = $67,500 - $15,500 = $52,000

    b. Assets $ 85,000 - Liabilities $62,300 = Net worth $ 22,700

    Net worth = Assets - liabilities

    Liabilities = Assets - Net Worth

    Liabilities = $85,000 - $22,700 = $62,300

    c. Assets $ 35,280 - Liabilities $ 13,215 = Net worth $22,065

    Net worth = Assets - liabilities = $35,280 - $13,215 = $22,065

    d. Assets $94,999 - Liabilities $39,845 = Net worth $ 55,154

    Net worth = Assets - liabilities

    Assets = Net worth + liabilities

    Assets = $39,845 + $55,154 = $94,999
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Home » Business » For each of the following situations, compute the missing amount. a. Assets $ 67,500 - Liabilities $ 15,500 = Net worth $ b. Assets $ 85,000 - Liabilities $ = Net worth $ 22,700 c. Assets $ 35,280 - Liabilities $ 13,215 = Net worth $ d.
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