Which of the following modifications to the list of assets and liabilities below would result in a positive net worth?
home owned $105,000.
mortgage owed $100,000.
car valued at $26,000.
car loan of $22,000.
investment fund of $4,500.
savings of $1,500.
credit card balance of $15,000.
a.
lowering mortgage by $1,000.
b.
increasing investment fund by $500.
c.
adding $100 to savings.
d.
all of the above.

The uno company was formed on january 2, year 1, to sell a single product. over a 2-year period, uno’s acquisition costs have increased steadily. physical quantities held in inventory were equal to 3 months’ sales at december 31, year 1, and zero at december 31, year 2. assuming the periodic inventory system, the inventory cost method which reports the highest amount for each of the following is inventory december 31, year 1/ cost of sales year 2 a: lifo fifo b: lifo lifo c: fifo fifo d: fifo lifo

Identify the three components of a family's culture and provide one example from your own experience

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