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?

Answer 1

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

Net Worth = Assets - Liabilities

Net Worth = $37,428 - $42,110

Net Worth = -$4,682

Mikhail's net worth is -$4,682, indicating that his liabilities exceed his assets.

Answer 2

wrong