Taylor has the following assets and liabilities:Two cars$15,000House$400,000Mortgage$300,000Cash$1,000Car loans$5,000Checking account balance$3,000Credit card balance$3,000 What is the value of Taylor's liabilities?
A. $303,000
B. $308,000
C. $311,000
D. $300,000
Answer: B
Economics
You might also like to view...
Are all externalities negative? Explain
What will be an ideal response?
Economics
Monopolist fears that central banks would unfairly compete with all other profit-maximizing banks contributed to the demise of the First and Second Banks of the U.S
Indicate whether the statement is true or false
Economics