Ask question

Ask question

All categories

3 years ago

9

How do you calculate a net worth statement?

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

By the Interior Angles Theorem, if Angle A is 25° and Angle B is greater than 51° but less than 57°, what are the possible measu

Karo-lina-s [1.5K]

So, if you add 25 and 52 you get 75. All angles of a triangle need to add up to 180. the angle c will be around 105 degrees i assume

4 0

3 years ago

What is the answer to this?

yawa3891 [41]

Answer:

5

Step-by-step explanation:

8 0

3 years ago

A cone has a radius of 5 inches and a height of 10 inches. What is the volume of the cone? Use 3.14 for pi. Round to the nearest

RideAnS [48]

Answer:

261.8 in^3

Step-by-step explanation:

The formula for the volume of a cone is V = (1/3)(base)(height), where "base" is the area of the base.

In this case, with the radius being 5 in and the height 10 in, we get:

V = (1/3)*π*(5 in)^2*(10 in), which simplifies to 261.8 in^3.

8 0

3 years ago

Solve for x. Round your answer to the nearest hundredth.

Zarrin [17]

Answer:

Option B is correct

Step-by-step explanation:

2x² - 6x + 3 = 0

Using Quadratic formula:

x = $\frac{-b+-\sqrt{b^{2}-4ac}}{2a}$

a = 2, b = -6, c = 3

x = $\frac-(-6)+-{\sqrt{(-6)^{2}-4(2)(3)}}{2(2)}$

x = $\frac{-(-6)+-\sqrt{(-6)^{2}-4(2)(3)}}{2(2)}\\$

$=\frac{6+-\sqrt{36-24}}{4}\\\\=\frac{6+-\sqrt{12}}{4}\\\\=\frac{6+-3.46}{4}\\\\$

$=\frac{6+3.46}{4}$

x = 2.37

$=\frac{6-3.46}{4}$

x = 0.63

5 0

3 years ago

Read 2 more answers

What us the intercept form of (1,2) and (4,-4)

lutik1710 [3]

first you need to find the slope (m) using y2-y1/x2-x1.

-4-2/4-1= -6/3=-2

m=-2

then plug into the intercept form formula: y-y1=m(x-x1)

y-2=-2(x-1)

5 0

3 years ago