Wind Over the period of a year, Julie's net worth decreased. Which of the following could be true? a. Julie's assets and liabilities decreased by the same amount. b. Julie's assets and liabilities increased by the same amount. c. Julie's assets increased by more than her liabilities. d. Julie's assets decreased by more than her liabilities. Please select the best answer from the choices provided A B C D

To determine which statement could be true given that Julie's net worth decreased over the year, we need to understand the relationship between assets, liabilities, and net worth. Net worth is calculated as: \[ \text{Net Worth} = \text{Assets} - \text{Liabilities} \] If Julie's net worth decreased, it means that either her assets decreased, her liabilities increased, or both. Now let's analyze each option: a. **Julie's assets and liabilities decreased by the same amount.** - If both assets and liabilities decrease by the same amount, the net worth remains unchanged. Therefore, this option cannot be true. b. **Julie's assets and liabilities increased by the same amount.** - If both assets and liabilities increase by the same amount, the net worth also remains unchanged. Therefore, this option cannot be true. c. **Julie's assets increased by more than her liabilities.** - If assets increase more than liabilities, the net worth would increase, not decrease. Therefore, this option cannot be true. d. **Julie's assets decreased by more than her liabilities.** - If Julie's assets decrease by more than her liabilities, then the net worth would decrease. This is consistent with the condition that her net worth decreased. Based on this analysis, the best answer is: **D. Julie's assets decreased by more than her liabilities.**