RoseannaY644278 RoseannaY644278

25-10-2022
Mathematics

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Ramon has assets that sum up to $253,000. He has liabilities that sum up to $216,345. what is his net worth?

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AmparoD57541 AmparoD57541

25-10-2022

Net worth is equal to total assets minus total liabilities (debt).

So,

Total Assets = 253000

Total Liabilities = 216345

Hence,

Net Worth = 253000 - 216345 = $36,655

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