Adams Co. reports the following balance sheet accounts as of December 31. Salaries payable Buildings Prepaid rent Merchandise inventory Accounts payable Prepaid insurance Accounts receivable Common stock 7,200 Retained earnings 74,200 Notes payable (due in 9 years) 8,200 Office supplies 16,400 Land 22,000 Accumulated depreciation - Building 5,400 Mortgages payable (due in years) 16,000 Cash 22,000 $ 62,000 54,000 4,400 46,000 7,400 36,000 40,000. Required:
Prepare a classified balance sheet.

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation:

answer; no individual buyer or seller has any significant impact on the market price;

answer; dividing net income by 1- t ;