Suppose That Cathy's Assets Include an Automobile Worth $10,000 and a Checking

question 67

Multiple Choice

Suppose that Cathy's assets include an automobile worth $10,000 and a checking account with a $5,000 balance,while her liabilities include a student loan balance of $2,000 and a car loan balance of $8,000.What is her net worth?

• A)$10,000
• B)$8,000
• C)$5,000
• D)$2,000

---

Definitions:

Influences Behavior

The process by which individuals change or modify their actions based on internal or external factors.

Quantitative Data

Numerically based information that can be measured and analyzed statistically.

Analysis

The process of examining components or structures of a subject in detail to understand it better or make informed decisions.

Leadership Processes

These are the actions, behaviors, and practices leaders engage in to influence the motivation, attitudes, and behaviors of others to achieve organizational goals.