If your total liabilities are $600.00 and total assets are $750.00,what is your net worth?
A)$1,350
B)$150
C)-$150
D)$750

Name: If your total liabilities are $600.00 and total assets are $750.00,what is your net worth? A)$1,350 B)$150 C)-$150 D)$750
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Question

Quizplus · Accepted Answer

Net worth is calculated by subtracting total liabilities from total assets. 
Net worth = total assets - total liabilities 
Net worth = $750 - $600 
Net worth = $150 
Therefore, the correct answer is B) $150.

If Your Total Liabilities Are $600