Question

net worth quick check samantha owns a small retail business. she wants to determine the total value of her capital and liquid assets: - business account: $23,456 - cash: $12,345 - computer equipment: $15,789 - furniture and fixtures: $48,923 - inventory: $18,567 - store building: $325,678 what are the values of samanthas capital and liquid assets? (1 point) - capital assets = $35,801 liquid assets = $408,957 - capital assets = $408,957 liquid assets = $35,801 - capital assets = $54,368 liquid assets = $390,390 - capital assets = $390,390 liquid assets = $54,368

Explanation:

Step1: Identify Liquid Assets

Liquid assets are cash and business account. So sum them: $23,456 + $12,345 = $35,801.

Step2: Identify Capital Assets

Capital assets are computer equipment, furniture and fixtures, inventory, store building. Sum them: $15,789 + $48,923 + $18,567 + $325,678 = $408,957.

Answer:

Capital assets = $408,957
Liquid assets = $35,801 (corresponding to the option: Capital assets = $408,957; Liquid assets = $35,801)