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Kathy Stumbaugh Has Determined That the Value of Her Assets

Question 44

Multiple Choice

Kathy Stumbaugh has determined that the value of her assets is $46,000 and the value of her debts is $32,000.The difference between these two is $14,000.The $14,000 could be referred to as her:


A) nest egg.
B) total assets.
C) adjusted assets.
D) debt equity.
E) net worth.

Correct Answer:

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