Multiple Choice
The formula for calculating net worth is
A) income minus expenses.
B) assets minus liabilities.
C) income minus liabilities
D) assets minus expenses.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q140: Safe-deposit boxes take two keys to open,and
Q141: Many experts recommend that people should have
Q142: Budget estimates are the projected dollar amounts
Q143: Rent and vehicle insurance payments are examples
Q144: Values are fundamental beliefs regarding what consumer
Q145: To set the stage for financial success,one
Q147: After the budgeting period has ended,you need
Q148: Paying off debts is an example of
Q149: The asset-to-debt ratio compares total assets with
Q150: Original deeds and mortgage papers should be