John and Jane have a net worth of $20,000 and total assets of $150,000. If their revolving credit and unpaid bills totals $8,000, how much are their total liabilities?
A) $150,000.
B) $130,000.
C) $122,000.
D) $138,000.
Answer: B) $130,000.
Investments Chapter | Multiple Choice | Questions and Answers | Test Bank
A) $150,000.
B) $130,000.
C) $122,000.
D) $138,000.
Answer: B) $130,000.