enzos balance sheet for the month of july is shown. enzos balance sheet (july 2013) assets liabilities cash…

enzos balance sheet for the month of july is shown. enzos balance sheet (july 2013) assets liabilities cash $600 credit card $4,000 investments $500 student loan $2,500 house $120,000 mortgage $80,000 car $6,000 car loan $2,000 total $127,100 total $88,500 which expression finds enzos net worth? $127,100 - $88,500 $127,100 + $88,500 $88,500 + $127,100 $88,500 - $127,100

enzos balance sheet for the month of july is shown. enzos balance sheet (july 2013) assets liabilities cash $600 credit card $4,000 investments $500 student loan $2,500 house $120,000 mortgage $80,000 car $6,000 car loan $2,000 total $127,100 total $88,500 which expression finds enzos net worth? $127,100 - $88,500 $127,100 + $88,500 $88,500 + $127,100 $88,500 - $127,100

Answer

Explanation:

Step1: Recall net - worth formula

Net worth = Total assets - Total liabilities.

Step2: Identify total assets and liabilities

Total assets = $127,100, total liabilities = $88,500.

Step3: Determine the expression

The expression for net worth is $127,100 - $88,500.

Answer:

$127,100 - $88,500