Question:
Net worth means
Net worth means
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Net worth gives an indication of financial health by subtracting liabilities (what you owe) from assets (what you own).
Updated On: Apr 27, 2025
- Assets - Liabilities
- Net assets - gross profit
- Gross profit + net assets
- Assets + liabilities
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The Correct Option is A
Solution and Explanation
Net worth is calculated as the difference between assets and liabilities. It represents the financial value of a person or entity, calculated as the total assets minus total liabilities.
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