The total value of Mikhail’s assets is $37,428, and the total balance of his liabilities is $42,110. What is Mikhail’s net worth?(1 point)

Answer 1

Mikhail's net worth can be calculated by subtracting his total liabilities from his total assets.

Net worth = Total assets - Total liabilities
Net worth = $37,428 - $42,110
Net worth = -$4,682

Therefore, Mikhail's net worth is -$4,682.