ECONOMICS
BUDGETING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Budget
|
|
|
Investments
|
|
|
Net Worth
|
|
|
Personal Finance
|
Detailed explanation-1: -Net worth is the total value of all assets minus any liabilities. Put simply, net worth is what you own minus what you owe. Calculating net worth can be a helpful way to determine one’s wealth and the overall health of a person’s or company’s financial situation.
Detailed explanation-2: -Net worth is the value of all assets, minus the total of all liabilities. Put another way, net worth is what is owned minus what is owed. This net worth calculator helps determine your net worth. It also estimates how net worth could grow or decline over the next 10 years.
Detailed explanation-3: -Net worth is the total value of assets owned minus total liabilities.
Detailed explanation-4: -The shareholders’ equity, or net worth, of a company equals the total assets (what the company owns) minus the total liabilities (what the company owes).
Detailed explanation-5: -Net worth is assets minus liabilities. Or, you can think of net worth as everything you own less all that you owe.