The difference between Total Assets of a firm and its Total Liabilities is called.
A) Net working capital
B) Net current assets
C) Net worth
D) None of the above

Name: The difference between Total Assets of a firm and its Total Liabilities is called. A) Net working capital B) Net current assets C) Net worth D) None of the above
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Quizplus · Accepted Answer

Net worth, also known as equity or owner's equity, is the difference between a firm's total assets and total liabilities.

The Difference Between Total Assets of a Firm and Its