Question

Choose all that apply.

Select all of the steps for calculating net worth.

List your assets.
Total your liabilities.
Subtract your liabilities from your assets.
Add your liabilities and your assets.
List your liabilities.
Total your assets.
List the names of your credit cards.

Answer 1

List your assets.

Total your assets.

List your liabilities.

Total your liabilities.

Subtract your liabilities from your assets.

Step-by-step explanation:

Answer 2

Steps for calculating your net worth

1. List your assets.
2. Total your assets.
3. List your liabilities.
4. Total your liabilities.
5. Subtract your liabilities from your assets.

Step-by-step explanation:

Net worth is calculated when knowing the value of all your assets minus the value of your total liabilities.

To make this calculation is imperative that you list assets and liabilities and totalize them to know what is the exact figures that you must use to apply the following formula:

Assets - Liabilities=Net Worth