Net Worth

Last updated about 5 years ago
6 questions
1

What type of item is credit card debt?

1

How much are the total assets in the table shown?

1

The net worth in this statement is $-400?

1

Can a net worth be negative? Why or why not?

1

Harold has a car worth $18,200. He has $525 in cash, and $2,800 in his savings account. His only debt is a loan for a car.

If Harold's net worth is $9,025, what is the amount of his loan?

1

Julian has a football card worth $125.50. He owes his parents $50 for buying a new video game. He has $25.25 saved in his piggy bank. What is Julian's net worth?