Net worth is calculated by subtracting total liabilities from total assets. In this case, the calculation would be as follows:
$100,000 (total assets) - $125,000 (total liabilities) = -$25,000
Therefore, the net worth is -$25,000.
Given $125,000 in total liabilities and $100,000 in total assets, what is the net worth?(1 point)
Responses
$225,000
−$15,000
−$25,000
$25,000
1 answer
1 answer