Taylor has the following assets and liabilities:Two cars$15,000House$400,000Mortgage$300,000Cash$1,000Car loans$5,000Checking account balance$3,000Credit card balance$3,000What is the value of Taylor's liabilities?
A. $308,000
B. $311,000
C. $300,000
D. $303,000
Answer: A
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is ________. A) avoidable; ideal B) avoidable; less than ideal C) unavoidable; ideal D) unavoidable; less than ideal
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a. True b. False Indicate whether the statement is true or false
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a. True b. False