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26 April, 00:50

Jean Marie has $4,000 in the bank, $500 worth of credit card debt and a $15,000 student loan. Jean Marie would like to know her net worth. She finds the difference between her assets, $4,500, and her liabilities, $15,000, and determines her net worth is - $10,500. Evaluate Jean Marie's determination.

- Her calculations are correct.

- She counted a liability as an asset.

- She counted an asset at a liability.

- Her answer should be positive.

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Answers (1)
  1. 26 April, 01:12
    0
    4,000 in bank - 500 and 15000 so she had - 20000 + 4000 so it equals - 16000
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