Jerry has assets of $200 000,net worth of $150 000,gross income of $60 000 and disposable income of $50000 .What are Jerry's liabilities?

Name: Jerry has assets of $200 000,net worth of $150 000,gross income of $60 000 and disposable income of $50000 .What are Jerry's liabilities?
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Question

Quizplus · Accepted Answer

Jerry's liabilities are calculated by subtracting his net worth from his assets. Therefore, $200,000 (assets) - $150,000 (net worth) = $50,000 (liabilities).

Jerry Has Assets of $200 000,net Worth of $150 000,gross