Economics · Accounting and Financial Statements
Which of the following mathematical equations correctly describes the financial concept of 'Net Worth'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Net Worth = Assets × Liabilities
- 2Net Worth = Assets ÷ Liabilities
- 3Net Worth = Assets – Liabilities✓
- 4Net Worth = Assets + Liabilities
Correct answer
Net Worth = Assets – Liabilities
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