Question

What is a net worth statement?(1 point) Responses It is a listing of an individual’s net income minus their expenses, calculated on a monthly basis. It is a listing of an individual’s net income minus their expenses, calculated on a monthly basis. It is a listing of what an individual owns minus what they owe. It is a listing of what an individual owns minus what they owe. It is a spending plan based on income and expenses. It is a spending plan based on income and expenses. It is an invoice.

Answer 1

Which of the following may fall under the category of collateral?(1 point) Responses a previous loan that was repaid in full a previous loan that was repaid in full an antique vase valued at $125,000 an antique vase valued at $125,000 a credit card balance of $12,000 a credit card balance of $12,000 a high salary

Answer 2

Which of the following is not one of the Three Cs?(1 point) Responses collateral collateral capacity capacity capital capital character