Asked by .

a person has total assets = 1646.08 calculate the net worth

a) 3257.14 b) 33.57 c) -3257.14 d) 1038.10
Answered by Damon
your net worth is the excess of assets over liabilities.
Answered by .
Sorry the liabilities is $4903.22
Answered by Ms. Sue
So what is your answer?

Answered by Ms. Sue
assets minus liabilities = net worth
Answered by bobpursley
Generally, negative net worth is frowned on.
Answered by Ms. Sue
What??? Bobpursley already told you what you should have realized -- negative worth is frowned upon. How the dickens can the net worth be positive when the assets are less than the liabilities???
Answered by Ms. Sue
Yes, C.
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