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How is net worth calculated?Total debts – total assets,Pre-tax deductions,Total assests – total debts,Gross income
Net worth is: Total assets – total debts.
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Asked 10/4/2010 1:51:20 PM
Updated 7/18/2015 3:47:43 AM
1 Answer/Comment
Flagged by alfred123 [7/17/2015 10:40:11 PM], Unflagged by jeifunk [7/18/2015 3:47:31 AM], Edited by jeifunk [7/18/2015 3:47:43 AM]
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Net worth is: Total assets – total debts.
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Added 7/17/2015 10:40:15 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [7/18/2015 3:47:29 AM]
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Questions asked by the same visitor
When organizing personal financial records, which item falls in the life or estate planning category?Tax returns,Copy of wills,Medical records,Employer information
Weegy: When organizing personal financial records, copy of wills falls into the estate planning category. (More)
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Expert Answered
Updated 1/1/2015 7:11:49 AM
0 Answers/Comments
Why is using a credit card an expensive way to borrow?Interest is added to the cost of purchases,Interest is very sensitive to market rate movements,Interest rates are always variable,Interest rates tend to be higher than other forms of credit
Weegy: D. Interest is added to the cost of purchases (More)
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Updated 1/1/2015 7:10:47 AM
1 Answer/Comment
Using a credit card is an expensive way to borrow because: Interest rates tend to be higher than other forms of credit.
Added 1/1/2015 7:10:47 AM
This answer has been confirmed as correct and helpful.
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