Net worth is the difference between a person's assets and their liabilities.Net worth can be a positive number or a negative number.

Question

Quizplus · Accepted Answer

This statement is true. Net worth is calculated by subtracting a person's liabilities from their assets. If the result is a positive number, it means they have more assets than liabilities and a positive net worth. If the result is a negative number, it means they have more liabilities than assets and a negative net worth.

Net Worth Is the Difference Between a Person's Assets and Their