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Jack Stanley Graduated from College and Obtained a Full-Time Job

Question 97

Multiple Choice

Jack Stanley graduated from college and obtained a full-time job in accounting. At the end of his first year of employment, his assets totaled $9,000. His liabilities totaled $3,000. His ____ was $6,000.


A) asset total
B) profit
C) net worth
D) cost of living
E) allocated total

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