HORTICULTURE SCIENCE
FUNDAMENTALS OF HORTICULTURE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Net worth is the same as:
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current assets
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equity
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inventory
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total liabilities
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Explanation:
Detailed explanation-1: -In business, net worth is also known as book value or shareholders’ equity. The balance sheet is also known as a net worth statement. The value of a company’s equity equals the difference between the value of total assets and total liabilities.
Detailed explanation-2: -Calculate your net worth and more. 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.
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