Carla made $57 babysitting and $26 feeding her aunt’s cats.She spent $18 on gloves, $35 on circus tickets, and $12.50 on music.What is her net worth?Is it positive or negative

Answers

Carla’s net worth, which is positive, is $17.50.

What is net worth?

The net worth is the difference between total assets (income) and total liabilities (expenses).

For example, Carla’s earnings totaled $83 while her expenses were $65.50, leaving her a net worth (income) of $17.50.

Data and Calculations:

Earnings:

Babysitting = $57

Feeding = $26

Total earnings = $83

Expenses:

Gloves = $18

Circus tickets = $35

Music = $12.50

Total expenses = $65.50

Net worth = $17.50 ($83 – $65.50)

Thus, Carla’s net worth, which is the difference between her total income and total expenses, is $17.50.

net worth, which is positive, is$17.50.## What is net worth?

net worthis the difference betweentotal assets(income) andtotal liabilities(expenses).earningstotaled $83 while herexpenseswere $65.50, leaving her anet worth(income) of$17.50.## Data and Calculations:

Net worth = $17.50($83 – $65.50)net worth, which is the difference between hertotal incomeandtotal expenses, is$17.50.net worthat https://brainly.com/question/27218751