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laura could sell her car for $18,000, and she owes $5,500 on it....
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Mathematics, 02.10.2019 03:30 alee885
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laura could sell her car for $18,000, and she owes $5,500 on it. which statement best describes how this situation affects her net worth?
a.
laura has an $18,000 asset and a $5,500 liability.
b.
laura has a $15,500 asset and an $18,000 liability.
c.
laura's car is considered a liability only because she still owes money on it.
d.
laura's car is considered an asset only because it is worth more than she owes.
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