ENTREPRENEURIAL PLANNING
FINANCIAL PLANNING AND ANALYSIS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The difference between your personal assets and your personal liabilities is your
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cash inflow
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net worth
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cash outflow
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net income
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Explanation:
Detailed explanation-1: -As noted earlier, the difference between your assets and your liabilities is your net worth. The formula looks like this: (Sum of the current value of all assets)-(Sum of the current total of all outstanding liabilities) = Net worth.
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