Define current liabilities and long term liabilities

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1. Real Estate Investment. Describe two ways real estate might provide a return on an investment.

2. Types of Liabilities. What are liabilities? Define current liabilities and long-term liabilities.

3. Measuring Net Worth. How is net worth a measure of wealth?

4. Change in Net Worth. When does your net worth increase? Will the purchase of additional assets always increase your net worth? Why or why not?

Reference no: EM131306693

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