What are their total liabilities

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Reference no: EM131210468

Assume that at the end of the year, Rosemarie and Jack have the following liabilities:

Mortgage loan $120,000

Credit card debt 4,000

Car loan 6,000

What are their total liabilities? Assuming that the assets from question 24 and the preceding liabilities, what is their net worth?

Reference no: EM131210468

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