Examveda
Examveda

Net worth is also called

A. asset net of liabilities

B. liabilities net of assets

C. earnings net on assets

D. liabilities net of earnings

Answer: Option A

Solution(By Examveda Team)

Net worth is also called asset net of liabilities. Net worth is the value of all the non-financial and financial assets owned by an institutional unit or sector minus the value of all its outstanding liabilities.

This Question Belongs to Commerce >> Financial Management

Join The Discussion

Related Questions on Financial Management

Investment is the _______________.

A. net additions made to the nation’s capital stocks

B. person’s commitment to buy a flat or house

C. employment of funds on assets to earn returns

D. employment of funds on goods and services that are used in production process