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Sophia's teacher is talking to the class about net worth. What does it mean for someone to have positive net worth? A. Liabilities are equal to zero. B Assets are greater than liabilities. C. Liabilities
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Sophia's teacher is talking to the class about net worth. What does it mean for someone to have positive net worth?

A. Liabilities are equal to zero.
B
Assets are greater than liabilities.

C.
Liabilities are greater than assets.
D.
Liabilities and assets are equal.

User Rageesh Geetha Raman
by
8.7k points

1 Answer

4 votes
Answer is B
Assets is what you have (total money)
Liabilities is what you need to pay(employees, rent, monthly payments etc)
User Achilleterzo
by
8.8k points
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