Net worth is equal to assets minus liabilities. True or false?

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asked Apr 11, 2020 142k views

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Prathamesh Gujar · Answer 1 · 2020-04-18T07:06:44+0000

Answer:

True

Explanation:

We can always determine the net worth of a company (also known as the shareholders equity) by determining how much the company has in assets and how much it owes.

Net worth is equal to assets minus liabilities. True or false?

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