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Help please! These are Edward's calculations for his net worth: Net Worth = $400 - $500 = -$100. What does the negative net worth mean? A)His liabilities are greater than h…

Help please! These are Edward's calculations for his net worth: Net Worth = $400 - $500 = -$100. What does the negative net worth mean? A)His liabilities are greater than h…
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Help please!

These are Edward's calculations for his net worth: Net Worth = $400 - $500 = -$100. What does the negative net worth mean?

A)His liabilities are greater than his assets
B) His assets and liabilities are the same
C) His assets are greater than his liabilities
D) His assets and liabilities do not affect each other.
​

asked
User Beingnin
by
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1 Answer

3 votes

Answer:

A. His liabilities are greater than his assets.

Explanation:

answered
User NorbertM
by
8.5k points
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