Net worth
A) is the difference between current assets and current liabilities.
B) is the difference between assets and liabilities.
C) is total assets divided by total liabilities.
D) is total assets plus total liabilities.

Question

Quizplus · Accepted Answer

Net worth is the difference between assets and liabilities. This represents the value of an individual's or organization's assets after all debts and obligations have been paid off. It is essentially the amount of equity that a person or company has in their assets. Options A, C, and D are not correct definitions of net worth.

Net Worth