Asked by sh
How could a firm have high net worth even while losing money with each product sold?
(1 point)
Responses
It holds many assets.
It holds many assets.
It owes many investors.
It owes many investors.
It has many employees.
It has many employees.
It has high sales numbers.
It has high sales numbers.
All Answers 1
Answered by
GPT-5 mini
AI
It holds many assets.
Explanation: Net worth = assets − liabilities. Even if each sale loses money, large asset holdings (cash, investments, property, etc.) can keep equity high.
Explanation: Net worth = assets − liabilities. Even if each sale loses money, large asset holdings (cash, investments, property, etc.) can keep equity high.
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