Answer: The correct option is C, i.e., the difference between the assets and the liabilities will remains the same.
Explanation:
Assets are the thing which gives the future profits and liabilities are the obligations.
It in the given data the assets are cash, investment, house and car.
[tex]\text{Assets}=\$1,800+\$6,200+\$1,50,000+\$8,000=\$166,000[/tex]
It in the given data the liabilities are credit card, personal loan, mortgage and car loan.
[tex]\text{Liability}=\$4,000+\$1,000+\$1000,000+\$5,000=\$1010,000[/tex]
The difference between liability and assets is [tex]\$1010,000-\$166,000=\$884,000[/tex].
If Roberto use his his investment to pay off his car loan, then the assets decreased by $5000 and liabilities decreased by $5000.
[tex]\text{Assets}=\$166,000-\$5,000=\$161,000[/tex]
[tex]\text{Liability}=\$1010,000-\$5000=\$1005,000[/tex]
The difference between liability and assets is [tex]\$1005,000-\$161,000=\$884,000[/tex].
Therefore, the correct option is C, i.e., the difference between the assets and the liabilities will remains the same.
