How is net worth calculated? A. Total debts – total assets B. Total assests – total debts C. Gross income D. Pre-tax deductions

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Net worth is: Total assets – total debts

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Asked 9/14/2010 10:29:39 PM

Updated 5/28/2015 3:29:13 PM

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alfred123

Net worth is: Total assets – total debts

Added 5/28/2015 3:29:13 PM

This answer has been confirmed as correct and helpful.

Confirmed by jeifunk [5/28/2015 4:07:16 PM]

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Which is an example of an income source? A. Social security benefit B. Pension contributions C. Investment account D. Child support

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Updated 10/20/2022 3:38:11 AM

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Andrew.

Social security benefit is an example of an income source.

Added 1/18/2017 9:18:54 AM

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Lordes

Social Security pays benefits to disabled workers who meet medical and insured requirements. Benefits paid to disabled workers and their families may be reduced for receipt of certain public disability benefits (such as Workers' Compensation).

Added 10/20/2022 3:38:11 AM

Flagged by Wallet.ro [10/22/2022 11:26:27 AM]

Typically, capacity to repay a loan is based on which factor? A. Past history B. Household net worth C. A cosigner D. Household cash flow

Weegy: Typically, capacity to repay a loan is based on: Household cash flow. User: Which of the following is one of the 5 Cs of credit? A. Capacity B. Cash C. Compensation D. Currency Weegy: Capacity is one of the 5 Cs of credit. (More)

Question

Updated 9/28/2014 2:11:56 PM

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Which of the following is an example of long-term debt? A. Car maintenance B. Property taxes C. Credit card balance D. Home equity loan

Weegy: E. All of the above. (More)

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Expert Answered

Updated 9/28/2014 2:14:44 PM

1 Answer/Comment

Janet17

A home equity loan is an example of long-term debt.

Added 9/28/2014 2:14:44 PM

This answer has been confirmed as correct and helpful.

Which of the following is an example of long-term debt? A. Car maintenance B. Property taxes C. Credit card balance D. Home equity loan

Weegy: C. You are at or over the limit on all of your credit card accounts User: How is net worth calculated? A. Total debts – total assets B. Total assests – total debts C. Gross income D. Pre-tax deductions Weegy: gross income less all deductions like tax. (More)

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Expert Answered

Updated 2/19/2014 12:42:36 AM

2 Answers/Comments

samn

Home Equity Loan is an example of a long term debt.

Added 2/19/2014 12:40:13 AM

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samn

Total assets – total debts equals net worth, answer is B.

Added 2/19/2014 12:42:34 AM

This answer has been confirmed as correct and helpful.

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