To calculate liabilities, you need to subtract the total value of assets from the network if the network is greater than the assets. This would indicate that the liabilities exceed the assets.
The formula to calculate liabilities is:
Liabilities = Network - Assets
For example, let's say the network is $100,000 and the total value of assets is $80,000.
Liabilities = $100,000 - $80,000
Liabilities = $20,000
In this case, the liabilities would be $20,000.
How to calculate liabilities when network and assets is given
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