Jamie McFarland Has Determined That the Value of Her Liquid

question 20

Multiple Choice

Jamie McFarland has determined that the value of her liquid assets is $4,500,the value of her real estate is $108,000,the value of her personal possessions is $62,000 and the value of her investment assets is $73,000.She has also determined the value of her current liabilities is $9,500 and the value of her long term liabilities is $68,000.What is Jamie's net worth?

• A)$267,500
• B)$105,500
• C)$170,000
• D)$205,500
• E)None of these

---

Definitions:

Clockwise

Moving in the direction of the hands of a clock; typically rightward from the top.

Responding Verbally

Involves the use of spoken words or language to express or convey a reaction or answer to a stimulus.

Mnemonic Method

A technique used to improve memory by associating new information with known patterns, images, phrases, or ideas.

Visualizing

The process of forming mental visual images.