Asha owns $305,000 worth of total assets. She owes a total of $120,000 for her mortgage and a student loan, but she has no other liabilities. What is Asha’s net worth?(1 point)

Answer 1

To find Asha's net worth, we need to subtract her liabilities from her total assets.

Net worth = Total assets - Liabilities

Net worth = $305,000 - $120,000 = $<<305000-120000=185000>>185,000

Therefore, Asha's net worth is $185,000.