Exam (elaborations)
CRPC Practice Exam 1 Solved 100%
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Mary Goodwin's financial situation is as follows: Cash/cash equivalents$15,000S hort-term debts$8,000 Long-term debts$133,000 Tax expense$7,000 Auto note payments$4,000 Invested assets$60,000 Use assets$188,000 What is her net worth? - ANSWER-$122,000 Assets = $263,000; liabilities = $14...
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