Which of the following modifications to the list of assets and liabilities below would result in an increase in net worth?
Cash of $300.
Car valued at $28,000.
Car loan of $22,000.
Motorcycle valued at $6,000.
Savings of $2,000.
Credit card balances of $4,000.
Student loan of $10,000.
a.
putting $100 in savings
b.
paying $100 on credit cards
c.
getting paid $100
d.
all of the above
Answers: 3
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Which of the following modifications to the list of assets and liabilities below would result in an...
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