Shelly's assets include checking & savings acct, stocks, household property, coin collection. Shelly calculates that her total assets are $165,200. Her current unpaid bills include auto loan, credit balance, taxes, total $21,300. Calculate her net worth.

Q: List Ken Lewin's assets in one column . His liabilities in another, and calculate his equity.

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Q: Suppose that​ David's only assets are an automobile worth​ $10,000 and a checking account with a​…

A: The computations as follows:

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