Having a negative net worth means the amount of liabilities is larger than assets.
<h3>What is net worth?</h3>
Net worth is the amount by which assets exceed liabilities. In other words, net worth shows the difference between what is owned by one and what one owe.
If the assets exceed liabilities, then it is a positive net worth. Also, if the liabilities are greater than the assets, it is a negative net worth. Net worth would be the amount of cash you would have if you were to sell all of your personal belongings and pay off all the debt
Therefore, having a negative net worth means the amount of one's liabilities is larger than the value of the assets.
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A firm that makes shirts for a budget department store decides to develop a new cotton shirt type. The company would most likely make shirts that are less expensive to produce.
<h3>What is
the name of the business?</h3>
A corporation is a legal body that represents a group of people with a common goal, whether natural, legal, or a combination of both. A company can be run by the single person or a group of person decided to operate the company.
There are options in this question that are-
- sell at a high price
- be less costly to create
- use a nonrenewable resource
- satisfy the wants and needs of consumers
Thus, option B is correct.
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Answer:
C. To avoid having to pay for hospital bills resulting from an accident they cause
Explanation:
The purpose of any sort of insurance is to limit or eliminate the policy-holder's liability. Medical insurance in an auto policy pays for medical bills the policy-holder might otherwise be liable for as a consequence of an auto accident.
Answer:
Which selling approach is considered direct and focuses mainly on convincing the buyers that the item is needed?
A. upselling
B. consultative selling
C. relationship selling
D. personal selling
E. traditional selling
answer is B
Answer:
$53.67
Explanation:
The computation of the rose cost in Turkey is shown below:
= (Price of a dozen roses in the United States × U.S dollars purchase value) ÷ (U.S dollars value)
= ($30 × 1) ÷ ($0559)
= $53.67
We simply multiply the price of a dozen rose with the U.S dollars purchase value and then divide it by the U.S dollars value so that the rose cost can be computed in a correct value.