Your net worth,or your general level of financial worth,is found by
A)subtracting your expenses from your income.
B)dividing your monetary assets by your current liabilities.
C)subtracting your liabilities from your assets.
D)dividing monthly debt (less a mortgage payment)by monthly income.
E)subtracting current liabilities from monetary assets.

Question

Quizplus · Accepted Answer

Net worth is calculated by subtracting your liabilities (what you owe) from your assets (what you own). This gives you an overall picture of your financial worth or wealth.

Your Net Worth,or Your General Level of Financial Worth,is Found