Net worth is calculated by subtracting total liabilities from total assets.
Net worth = Total assets - Total liabilities
Net worth = $100,000 - $125,000
Net worth = -$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?
answers:
-$25,000
$225,000
-$15,000
$25,000
1 answer