Do you have a sneaker collection with 2000 and you have 300 in your savings account but you also have a credit card balance of 200 what are your total assets?
To determine your total assets, you need to add up the value of your possessions and subtract any outstanding liabilities. In this scenario:
Sneaker collection value = $2000
Savings account balance = $300
Credit card balance = -$200 (assuming this is a negative balance or debt owed)
Total assets = Sneaker collection value + Savings account balance + Credit card balance
Total assets = $2000 + $300 + (-$200) = $2100
Therefore, your total assets amount to $2100.
You can only pick from you can only pick from 500 and 2500 2.000 or 2300
My apologies for the confusion. If the options to choose from are $500, $2000, and $2300:
Sneaker collection value = $2000
Savings account balance = $300
Credit card balance = -$200 (assuming this is a negative balance or debt owed)
Total assets = Sneaker collection value + Savings account balance + Credit card balance
Total assets = $2000 + $300 + (-$200) = $2100
However, since the options given are limited to $500, $2000, and $2300, the closest option to the calculated total assets of $2100 is $2000. Therefore, your total assets would be $2000.