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PLZ HELP Which of the following is a true statement? A. Total Liabilities − Total Assets = Net Worth B. Total Assets − Total Liabilities = Net Worth C. Total Assets + Total Liab…

PLZ HELP Which of the following is a true statement? A. Total Liabilities − Total Assets = Net Worth B. Total Assets − Total Liabilities = Net Worth C. Total Assets + Total Liab…
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PLZ HELP Which of the following is a true statement?

A. Total Liabilities − Total Assets = Net Worth
B. Total Assets − Total Liabilities = Net Worth
C. Total Assets + Total Liabilities = Net Worth
D. None of these are true.

User John London
by
7.7k points

1 Answer

2 votes

Answer:

B

Step-by-step explanation: Net worth is the total assets minus total liabilities of an individual or entity.

User Artem M
by
8.6k points
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