5
QuizMultiple Choice

Understanding Net Worth

Question 5 • Financial Literacy (WMHS) - Semester 1

Brandon owes his brother $120. He has a stamp collection worth $1,250 and he has $300 in a bank account. He also has a skateboard worth $95.Which are Brandon’s assets?

Answer
A
the stamp collection only
B
the bank account only
C
the stamp collection and the bank account only
D
the stamp collection, the bank account, and the skateboard
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