A firm could have high net worth even while losing money with each product sold if it holds many assets. High net worth indicates that the firm has significant assets that may include properties, investments, or other valuable resources, which can contribute to the overall valuation of the company, even if the current operations are not profitable.
How could a firm have high net worth even while losing money with each product sold?
(1 point)
It holds many assets.
It owes many investors.
It has many employees.
It has high sales numbers.
1 answer