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The rare coin collection your grandmother gave you is part of your liabilities.
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Asked 8/16/2016 10:55:18 AM
Updated 37 days ago|8/12/2020 9:21:34 PM
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User: The rare coin collection your grandmother gave you is part of your liabilities.

Weegy: The rare coin collection your grandmother gave you is part of your liabilities. FALSE. The rare coin collection your grandmother gave you is part of your ASSETS.



User: Which of the following modifications to the list of assets and liabilities below would result in an increase in net worth? Cash of $300. Car valued at $28,000. Car loan of $22,000. Motorcycle valued at $6,000. Savings of $2,000. Credit card balances of $4,000. Student loan of $10,000. a. putting $100 in savings b. paying $100 on credit cards c. getting paid $100 d. all of the above

Question
Asked 8/16/2016 10:55:18 AM
Updated 37 days ago|8/12/2020 9:21:34 PM
1 Answer/Comment
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All of the above. The following modifications to the list of assets and liabilities below would result in an increase in net worth: Cash of $300. Car valued at $28,000. Car loan of $22,000. Motorcycle valued at $6,000. Savings of $2,000. Credit card balances of $4,000. Student loan of $10,000: putting $100 in savings, paying $100 on credit cards, and getting paid $100.
Added 37 days ago|8/12/2020 9:21:34 PM
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