Register
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
186k views
2 votes
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
5.0k 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
4.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.9m questions

6.4m answers

Other Questions

Pizza planet is running a special 3 pizzas for 16.50. What is the unit rate for one pizza
If the 9-inch wheel of cheese costs $18.60, what is the cost per square inch? If the cost is less than a dollar, put a zero to the left of the decimal point?
I need to simplify this expression.
Which property is shown in the problem below? -8(x-3y-9) = -8x+24y+72 A the associative property B the commutative property C the distributive property D the division property ASAP
What is the domain and range?
Link Copied!