The total liabilities is $180,338
The total assets is $1,233,000
The net worth is $1,052,662
What is the net worth, assets and liabilities?
Net worth is total assets less liabilities. Assets is the sum of liquid assets and non liquid assets. Liabilities is the sum of car loan and mortgage loan.
Assets = 178,000 + 1,055,000 = $1,233,000
Liabilities = 145,908 + 34,430 = $180,338
Net worth = $1,233,000 - $180,338 = $1,052,662
To learn more about net worth, please check: https://brainly.com/question/27110299
