SOLUTION: Mary took out a loan to buy a $30,000 boat but had $2,000 cash to put down.Which of the following is true?
a.
Mary decreased both assets and liabilities.
b.
Mary increased both
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: Mary took out a loan to buy a $30,000 boat but had $2,000 cash to put down.Which of the following is true?
a.
Mary decreased both assets and liabilities.
b.
Mary increased both
Log On
Question 961782: Mary took out a loan to buy a $30,000 boat but had $2,000 cash to put down.Which of the following is true?
a.
Mary decreased both assets and liabilities.
b.
Mary increased both assets and liabilities.
c.
Mary decreased assets and increased liabilities.
d.
Mary increased assets and decreased liabilities. Answer by stanbon(75887) (Show Source):
(