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Mathematics, 22.08.2020 20:01 addisonrausch

Cool In order to reduce their debt, the Johnsons sold some real estate property valued at $165,000 for $143,000. They paid off a loan balance of $100,000 and put the rest in savings. Which of the following is a true statement?a. The Johnsons increased their liabilities.
b.
The Johnsons increased their liquid assets.
c.
The Johnsons increased their net worth.
d.
The Johnsons increased their use assets.

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Cool In order to reduce their debt, the Johnsons sold some real estate property valued at $165,000 f...

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