How do you calculate a net worth statement?

Mathematics

1 answer:

marissa [1.9K]3 years ago

8 0

Answer:

a. Assets - Liabilities

Step-by-step explanation:

Assets/Liabilities is a management method to minimize risk. So, it cannot be the answer.

There is no formula like "Assets + Liabilities" and "Assets x Liabilities" in accounting to calculate the net worth. Therefore, those can be eliminated.

We know that net worth is calculated by deducting all liabilities (long-term and short-term) from net assets. Therefore, option (a) is the correct answer.

You might be interested in

0.1+0.2+0.3×0.4????

Pavel [41]

0.24 should be your answer

6 0

2 years ago

Read 2 more answers

Help with supplementary angles ?

hoa [83]

Answer:

Two angles are called supplementary when their measures add up to 180 degrees.

7 0

2 years ago

How are integers and rational numbers different

irga5000 [103]

Answer:

An integer is a whole number, positive or negative. A rational number is a number which can be expressed as a fraction between 2 whole numbers. An integer is a rational number, because every integer can be expressed as a fraction between itself and 1, both whole numbers.

Step-by-step explanation:

5 0

3 years ago

Let C ( t ) be the number of US cell phone subscribers in millions in t years since 1995. A linear model for the data is F ( t )

Andru [333]

ANSWER

In 16 years time.

EXPLANATION.

If the number of subscribers is 324 million, then it means

$f(t)=324$