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Question: 1. The Hamilton household has $145,000 in assets and $63,000 in liabilities. What is the family's net worth?
2. Harold Daley budgeted $210 for food for the month of July. He spent $227 on food during July. Does he have a budget surplus or deficit, and what amount?
3. Net worth is determined by assets ($145,000) minus liabilities ($63,000), resulting in a net worth of $82,000.
4. The budget deficit of $17 is calculated by subtracting the actual spending ($227) from the budgeted amount ($210).
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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