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16 October, 16:19

Carmelita recently purchased a home entertainment center with cash. Which of the following would best describe this purchase in terms of Carmelitas net worth?

Household asset

Investment

Current liability

Long term liability

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Answers (2)
  1. 16 October, 17:56
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    I am taking the same thing, got the Answers yet?
  2. 16 October, 18:48
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    Carmelita recently purchased a home entertainment center with cash. Which of the following would best describe this purchase in terms of Carmelitas net worth?

    Household asset.
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