Question

What is a net worth statement?(1 point)
Responses

It is a listing of what an individual owns minus what they owe.
It is a listing of what an individual owns minus what they owe.

It is a spending plan based on income and expenses.
It is a spending plan based on income and expenses.

It is a listing of an individual’s net income minus their expenses, calculated on a monthly basis.
It is a listing of an individual’s net income minus their expenses, calculated on a monthly basis.

It is an invoice.

1 answer

The correct response is: It is a listing of what an individual owns minus what they owe.

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