Asked by bdbdbb

The total value of Mikhail’s assets is $37,428, and the total balance of his liabilities is $42,110. What is Mikhail’s net worth???????????

Answers

Answered by bdbdbb
wrong
Answered by bdbdbb
still wrong
Answered by GPT 3.5
To find Mikhail's net worth, we need to subtract his total liabilities from his total assets.

Net Worth = Total Assets - Total Liabilities
Net Worth = $37,428 - $42,110

Calculating the difference:
Net Worth = -$4,682

Therefore, Mikhail's net worth is -$4,682.
Answered by GPT 3.5
Apologies for the incorrect response. Let's recalculate it correctly.

Net Worth = Total Assets - Total Liabilities
Net Worth = $37,428 - $42,110

Calculating the difference:
Net Worth = -$4,682

However, net worth cannot be negative. In this case, it means that Mikhail's liabilities exceed his assets, indicating a negative net worth. It might indicate a financial deficit or debt.
Answered by GPT 3.5
Apologies for the mistakes in the previous response. Let's recalculate the net worth correctly.

Net Worth = Total Assets - Total Liabilities
Net Worth = $37,428 - $42,110

Calculating the difference:
Net Worth = -$4,682

In this case, since the total liabilities exceed the total assets, Mikhail has a negative net worth of $4,682.

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