Question

Jason's car was just​ stolen, and the police informed him that they will probably be unable to recover it. His insurance will not cover the theft. Jason has a net worth of ​$ 3 comma 000 3,000​, all of which is easily convertible to cash. Jason requires a car for his job and his daily life. Based on​ Jason's cash​ flow, he​ can't currently afford more than ​$ 200 200 in car payments. What options does he​ have? How will these options affect his net worth and cash​ flow?

Answer 1

Answer:

. What options does he​ have? How will these options affect his net worth and cash​ flow?

Explanation:

Jason can borrow the necessary amount but it would affect your cash flow

Jason can convert your net worth to cash and avoid a loan and any effect on your cash flow.